Taylor Wimpey plc (LON:TW) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Taylor Wimpey plc (LON:TW) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 109.

TW has been the subject of a number of recent research reports. Bank of America cut their price objective on Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating for the company in a research note on Monday, March 30th. JPMorgan Chase & Co. decreased their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a research note on Tuesday, June 16th. Berenberg Bank lowered their price target on shares of Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating for the company in a research report on Monday, May 11th. Finally, Jefferies Financial Group reduced their price objective on shares of Taylor Wimpey from GBX 105 to GBX 103 and set a “buy” rating for the company in a research note on Tuesday, May 5th.

Insiders Place Their Bets

In other Taylor Wimpey news, insider Mark Castle purchased 1,999 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was acquired at an average price of GBX 75 per share, for a total transaction of £1,499.25. Over the last ninety days, insiders have acquired 3,140 shares of company stock valued at $239,880. Corporate insiders own 0.87% of the company’s stock.

Taylor Wimpey Stock Up 1.0%

Shares of TW opened at GBX 83.58 on Tuesday. The stock has a 50 day moving average of GBX 79.32 and a 200-day moving average of GBX 90.91. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The stock has a market capitalization of £3.00 billion, a PE ratio of 12.19, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.