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

Shares of Taylor Wimpey plc (LON:TW) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 126.

TW has been the topic of several recent research reports. Peel Hunt reiterated a “hold” rating and issued a GBX 110 price target on shares of Taylor Wimpey in a report on Wednesday, October 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 150 target price on shares of Taylor Wimpey in a research note on Friday, January 16th. Berenberg Bank reiterated a “buy” rating and set a GBX 128 price target on shares of Taylor Wimpey in a research report on Thursday, January 15th. Citigroup dropped their price target on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a research note on Friday, January 16th. Finally, The Goldman Sachs Group began coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a “neutral” rating and a GBX 109 price objective on the stock.

Taylor Wimpey Stock Performance

Shares of TW opened at GBX 105.90 on Tuesday. The company has a 50 day moving average price of GBX 103.98 and a two-hundred day moving average price of GBX 103.32. The company has a market cap of £3.81 billion, a price-to-earnings ratio of 15.45, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71.

Insider Activity at Taylor Wimpey

In related news, insider Mark Castle acquired 2,267 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average cost of GBX 102 per share, with a total value of £2,312.34. Insiders acquired 3,124 shares of company stock worth $321,174 over the last ninety days. 0.87% of the stock is owned by insiders.

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.