Taylor Wimpey plc (LON:TW) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Taylor Wimpey plc (LON:TW) has received an average recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 129.13.

Several research analysts recently issued reports on the stock. Peel Hunt reiterated a “hold” rating and issued a GBX 110 target price on shares of Taylor Wimpey in a research report on Wednesday, October 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 142 price target on shares of Taylor Wimpey in a research note on Wednesday, October 8th. The Goldman Sachs Group initiated coverage on Taylor Wimpey in a report on Monday, November 24th. They issued a “neutral” rating and a GBX 109 price objective for the company. Berenberg Bank reiterated a “buy” rating and set a GBX 135 price objective on shares of Taylor Wimpey in a research report on Monday, November 17th. Finally, JPMorgan Chase & Co. decreased their price objective on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday.

Taylor Wimpey Price Performance

TW stock opened at GBX 103 on Monday. The business has a 50 day moving average of GBX 103.73 and a 200 day moving average of GBX 106.58. The stock has a market cap of £3.70 billion, a PE ratio of 15.03, a PEG ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

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.