Taylor Wimpey plc (LON:TW) Stock Has Consensus Target Price of GBX 98 According to Analysts

Key Points

• Analysts hold a consensus “Hold” rating on Taylor Wimpey, with five buys, three holds and one sell among nine covering firms. The average 12-month price target is GBX 98.
• Several brokerages recently lowered their price targets, including Deutsche Bank to GBX 82 and Berenberg Bank to GBX 95, while Jefferies maintained a buy rating with a GBX 101 target.
• Taylor Wimpey shares opened at GBX 78.64, below the consensus target, and the company reported quarterly earnings of GBX 2.50 per share; analysts expect full-year EPS of GBX 9.83.

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) have earned a consensus rating of "Hold" from the nine research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 98.

TW has been the subject of a number of research analyst reports. Berenberg Bank cut their target price on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a "buy" rating for the company in a research report on Monday, August 3rd. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a research note on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft cut their price objective on Taylor Wimpey from GBX 96 to GBX 82 and set a "hold" rating for the company in a research report on Tuesday, August 4th. Royal Bank Of Canada downgraded Taylor Wimpey to an "outperform" rating and dropped their price target for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Finally, Citigroup cut their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a "buy" rating for the company in a report on Monday, August 3rd.

Taylor Wimpey Stock Down 7.3%

Shares of Taylor Wimpey stock opened at GBX 78.64 on Thursday. The company has a quick ratio of 0.71, a current ratio of 4.99 and a debt-to-equity ratio of 3.06. The stock's 50-day moving average is GBX 80.67 and its 200 day moving average is GBX 87.58. The company has a market capitalization of £2.83 billion, a PE ratio of 11.47, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Sell-side analysts anticipate that Taylor Wimpey will post 9.83 earnings per share for the current year.

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.

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