Taylor Wimpey plc (LON:TW) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Taylor Wimpey plc has received a consensus rating of “Moderate Buy” from six brokerages, with three analysts recommending a hold and three a buy.
• The average 12-month price target for the stock is GBX 143.17, despite some recent downward adjustments by various analysts.
• The company's stock is currently down 1.6% and has a market capitalization of £3.44 billion, with an earnings per share forecast of approximately 9.83 for the current year.

Taylor Wimpey plc (LON:TW - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 143.17.

Several analysts have commented on the stock. Royal Bank Of Canada decreased their price objective on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a "sector perform" rating for the company in a research note on Thursday, July 31st. Berenberg Bank cut their price target on shares of Taylor Wimpey from GBX 150 to GBX 135 and set a "buy" rating for the company in a report on Wednesday, July 30th. Citigroup cut their price target on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a "buy" rating for the company in a report on Thursday, July 24th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Taylor Wimpey in a report on Thursday, July 31st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a "hold" rating for the company in a report on Tuesday, August 5th.

Taylor Wimpey Stock Down 1.6%

TW stock opened at GBX 95.74 on Friday. The stock has a 50 day moving average of GBX 107.79 and a 200 day moving average of GBX 112.15. The firm has a market cap of £3.44 billion, a PE ratio of 13.97, a PEG ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW - Get Free Report) last released its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. On average, equities research analysts expect that Taylor Wimpey will post 9.8339265 earnings per share for the current year.

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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