Taylor Wimpey plc (LON:TW) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analysts give Taylor Wimpey an average rating of “Moderate Buy” from 10 firms (5 buys, 5 holds) with an average 1‑year price target of GBX 121, though several banks have recently trimmed targets (e.g., Berenberg to GBX 120, BofA to GBX 90).
• The company signaled confidence via a board‑approved share buyback program, and insiders acquired 230,222 shares at GBX 86 on March 25th, leaving insiders with roughly 0.87% ownership.
• Shares trade around GBX 86.10 (down ~1.4%), below the 50‑ and 200‑day moving averages (~GBX 100.75 and GBX 103.01), with a market cap of £3.10bn and a trailing P/E of 12.56.

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) have received an average rating of "Moderate Buy" from the ten research firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 121.

A number of equities analysts recently weighed in on TW shares. Berenberg Bank reduced their price target on Taylor Wimpey from GBX 128 to GBX 120 and set a "buy" rating for the company in a report on Tuesday, March 10th. Bank of America reduced their price target on Taylor Wimpey from GBX 110 to GBX 90 and set a "neutral" rating for the company in a report on Monday, March 30th. Jefferies Financial Group reduced their price target on Taylor Wimpey from GBX 140 to GBX 132 and set a "buy" rating for the company in a report on Monday, January 19th. Citigroup reduced their price target on Taylor Wimpey from GBX 143 to GBX 137 and set a "buy" rating for the company in a report on Friday, January 16th. Finally, Stifel Nicolaus reaffirmed a "buy" rating and issued a GBX 120 price target on shares of Taylor Wimpey in a report on Thursday, March 5th.

Taylor Wimpey Trading Down 1.4%

LON TW opened at GBX 86.10 on Friday. The firm has a market cap of £3.10 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 2.04 and a beta of 1.40. The company has a quick ratio of 0.71, a current ratio of 4.96 and a debt-to-equity ratio of 2.96. The business has a fifty day simple moving average of GBX 100.75 and a 200-day simple moving average of GBX 103.01.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share for the quarter. Taylor Wimpey had a return on equity of 2.40% and a net margin of 2.61%. Equities analysts predict that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.

Taylor Wimpey announced that its board has approved a stock buyback program on Thursday, March 5th that permits the company to buyback 0 shares. This buyback authorization permits the homebuilder to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

Insider Activity at Taylor Wimpey

In other news, insider Chris Carney acquired 90,361 shares of the business's stock in a transaction on Wednesday, March 25th. The stock was bought at an average cost of GBX 86 per share, for a total transaction of £77,710.46. Also, insider Jennie Daly acquired 139,270 shares of the business's stock in a transaction on Wednesday, March 25th. The shares were purchased at an average price of GBX 86 per share, with a total value of £119,772.20. Over the last quarter, insiders have acquired 230,222 shares of company stock valued at $19,808,326. 0.87% of the stock is owned by company insiders.

About Taylor Wimpey

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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