Shares of Taylor Wimpey plc (LON:TW - Get Free Report) have earned an average recommendation of "Hold" from the ten brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 99.20.
Several research analysts have weighed in on the company. Jefferies Financial Group reduced their target price on Taylor Wimpey from GBX 102 to GBX 101 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Berenberg Bank lowered their price target on Taylor Wimpey from GBX 100 to GBX 95 and set a "buy" rating for the company in a report 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 report on Monday, August 3rd. JPMorgan Chase & Co. cut their price objective on Taylor Wimpey from GBX 100 to GBX 70 and set an "underweight" rating on the stock in a report on Tuesday, June 16th. Finally, Royal Bank Of Canada lowered Taylor Wimpey to an "outperform" rating and decreased their price objective for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd.
Read Our Latest Analysis on Taylor Wimpey
Insiders Place Their Bets
In related news, insider Mark Castle purchased 1,999 shares of the business's stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of GBX 75 per share, with a total value of £1,499.25. Insiders have purchased a total of 2,393 shares of company stock valued at $179,869 over the last 90 days. Insiders own 0.87% of the company's stock.
Taylor Wimpey Stock Performance
TW opened at GBX 81.64 on Wednesday. The stock has a fifty day moving average price of GBX 82.37 and a two-hundred day moving average price of GBX 85.39. The firm has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 2.04 and a beta of 1.30. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06.
Taylor Wimpey (LON:TW - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Equities analysts forecast that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.
Taylor Wimpey Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Taylor Wimpey, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taylor Wimpey wasn't on the list.
While Taylor Wimpey currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
