Brokerages Set Taylor Wimpey plc (LON:TW) PT at GBX 143.17

Shares of Taylor Wimpey plc (LON:TW) have been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 143.17.

Several equities analysts recently 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 report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating for the company in a research report on Tuesday, August 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Citigroup decreased their price objective on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating for the company in a research report on Thursday, July 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 price objective on shares of Taylor Wimpey in a research report on Monday, September 8th.

Taylor Wimpey Stock Performance

LON:TW opened at GBX 98.48 on Wednesday. The company has a market cap of £3.54 billion, a PE ratio of 14.37, a P/E/G 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. The firm has a fifty day moving average price of GBX 100.82 and a 200-day moving average price of GBX 109.88.

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