Taylor Wimpey plc (LON:TW) Given Average Rating of “Hold” by Analysts

Shares of Taylor Wimpey plc (LON:TW) have been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 133.43.

Several brokerages have commented on TW. Citigroup lifted their target price on Taylor Wimpey from GBX 140 to GBX 145 and gave the stock a “buy” rating in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft lowered their price objective on Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating for the company in a research report on Tuesday, August 5th. Peel Hunt reiterated a “hold” rating and issued a GBX 110 target price on shares of Taylor Wimpey in a report on Wednesday, October 1st. Berenberg Bank reissued a “buy” rating and set a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 142 price target on shares of Taylor Wimpey in a research report on Wednesday, October 8th.

Taylor Wimpey Price Performance

Shares of LON TW opened at GBX 101.65 on Thursday. The firm has a 50-day simple moving average of GBX 102.58 and a 200 day simple moving average of GBX 108.71. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79. The company has a market cap of £3.65 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 2.04 and a beta of 1.81.

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.