Taylor Wimpey plc (LON:TW) Stock Now Rated "Hold" by Wall Street Analysts

Key Points

• Taylor Wimpey has a consensus “Hold” rating from nine analysts: five recommend buying, three advise holding, and one recommends selling. The average 12-month price target is GBX 98, compared with the stock’s opening price of GBX 81.40.
• Several brokerages recently cut their price targets, including JPMorgan, which reduced its target to GBX 70 and assigned an “underweight” rating; other firms maintained buy or outperform ratings with targets ranging from GBX 95 to GBX 110.
• The homebuilder reported quarterly EPS of GBX 2.50, with a 5.99% return on equity and a 6.43% net margin. Analysts expect full-year EPS of approximately GBX 9.83.

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 98.

A number of brokerages recently issued reports on TW. Royal Bank Of Canada downgraded shares of Taylor Wimpey to an "outperform" rating and decreased their price target for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Jefferies Financial Group reissued a "buy" rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a research report on Monday, September 28th. JPMorgan Chase & Co. reduced their price objective on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an "underweight" rating on the stock in a report on Tuesday, June 16th. Citigroup lowered their target price on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a "buy" rating for the company in a research note on Monday, August 3rd. Finally, Berenberg Bank dropped their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a "buy" rating on the stock in a report on Monday, August 3rd.

Taylor Wimpey Price Performance

TW stock opened at GBX 81.40 on Friday. 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 firm has a market cap of £2.93 billion, a price-to-earnings ratio of 11.87, a P/E/G ratio of 2.04 and a beta of 1.30. The firm has a 50-day moving average of GBX 82.51 and a 200-day moving average of GBX 82.25.

Taylor Wimpey (LON:TW - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. On average, analysts expect that Taylor Wimpey will post 9.8339265 EPS 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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