Taylor Wimpey plc (LON:TW) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Taylor Wimpey plc (LON:TW) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 126.

A number of analysts recently weighed in on TW shares. JPMorgan Chase & Co. cut their price target on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 150 target price on shares of Taylor Wimpey in a report on Friday, January 16th. The Goldman Sachs Group began coverage on shares of Taylor Wimpey in a research report on Monday, November 24th. They set a “neutral” rating and a GBX 109 price target on the stock. Citigroup decreased their price target on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Jefferies Financial Group dropped their price objective on Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a research note on Monday, January 19th.

Taylor Wimpey Trading Up 0.2%

Shares of LON TW opened at GBX 114.95 on Friday. The company has a 50-day simple moving average of GBX 107.63 and a 200-day simple moving average of GBX 103.66. 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 company has a market cap of £4.13 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 2.04 and a beta of 1.81.

Insider Activity at Taylor Wimpey

In other Taylor Wimpey news, insider Mark Castle acquired 2,267 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were acquired at an average price of GBX 102 per share, for a total transaction of £2,312.34. Insiders bought a total of 3,117 shares of company stock worth $321,270 over the last quarter. Company insiders own 0.87% of the company’s stock.

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.