Taylor Wimpey plc (LON:TW) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Taylor Wimpey plc has received an average recommendation of "Moderate Buy" from six brokerage firms, with three analysts rating the stock as a hold and three as a buy.
• The average twelve-month target price among analysts for Taylor Wimpey is GBX 143.17, although some firms have recently adjusted their price targets downward.
• The company's shares opened at GBX 101.90 with a market capitalization of £3.66 billion, and it has reported earnings per share of GBX 3.20 for the latest quarter.

Taylor Wimpey plc (LON:TW - Get Free Report) has earned an average rating of "Moderate Buy" from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 143.17.

TW has been the subject of a number of recent analyst reports. Royal Bank Of Canada dropped their price target on Taylor Wimpey from GBX 135 ($1.79) to GBX 130 ($1.73) and set a "sector perform" rating for the company in a report on Thursday, July 31st. JPMorgan Chase & Co. restated a "neutral" rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Berenberg Bank decreased their target price on Taylor Wimpey from GBX 150 ($1.99) to GBX 135 ($1.79) and set a "buy" rating for the company in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Taylor Wimpey from GBX 136 ($1.81) to GBX 122 ($1.62) and set a "hold" rating for the company in a research note on Tuesday. Finally, Citigroup cut their price target on Taylor Wimpey from GBX 150 ($1.99) to GBX 147 ($1.95) and set a "buy" rating on the stock in a report on Thursday, July 24th.

Taylor Wimpey Stock Up 0.8%

Shares of LON TW opened at GBX 101.90 ($1.35) on Tuesday. The stock has a market capitalization of £3.66 billion, a P/E ratio of 14.87, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The company's 50 day moving average is GBX 114.74 and its two-hundred day moving average is GBX 114.41.

Taylor Wimpey (LON:TW - Get Free Report) last issued its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 ($0.04) earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. As a group, sell-side analysts expect that Taylor Wimpey will post 9.8339265 EPS for the current fiscal 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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