Analysts Set Taylor Wimpey plc (LON:TW) PT at GBX 126

Taylor Wimpey plc (LON:TW) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 126.

A number of analysts have recently issued reports on TW shares. The Goldman Sachs Group started coverage on Taylor Wimpey in a report on Monday, November 24th. They set a “neutral” rating and a GBX 109 target price for the company. JPMorgan Chase & Co. decreased their price objective on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Citigroup dropped their price objective on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a research report on Friday, January 16th. Berenberg Bank restated a “buy” rating and set a GBX 128 target price on shares of Taylor Wimpey in a report on Thursday, January 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 150 price target on shares of Taylor Wimpey in a research report on Friday, January 16th.

Taylor Wimpey Trading Down 0.4%

TW stock opened at GBX 113.05 on Friday. The stock has a market capitalization of £4.06 billion, a P/E ratio of 16.49, a PEG ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The firm’s 50-day moving average price is GBX 108.77 and its 200-day moving average price is GBX 104.11.

Insider Buying and Selling at Taylor Wimpey

In related news, insider Mark Castle bought 2,267 shares of the stock in a transaction dated Monday, December 15th. The stock was 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 valued at $321,270 over the last ninety days. 0.87% of the stock is owned by corporate insiders.

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.