Taylor Wimpey plc (LON:TW) Stock Rated “Hold” by Sell-Side Analysts

Taylor Wimpey plc (LON:TW) has received a consensus recommendation of “Hold” from the nine research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 98.

A number of brokerages have commented on TW. Royal Bank Of Canada cut shares of Taylor Wimpey to an “outperform” rating and cut their price target for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft cut their price target on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Berenberg Bank cut their price target on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Citigroup dropped their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 101 price target on shares of Taylor Wimpey in a report on Wednesday, October 21st.

Taylor Wimpey Trading Up 2.8%

Shares of Taylor Wimpey stock opened at GBX 84.76 on Thursday. The firm has a market capitalization of £3.05 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The business has a 50-day moving average of GBX 80.44 and a two-hundred day moving average of GBX 86.91. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99.

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.