Taylor Wimpey plc (LON:TW) Stock Has Consensus Target Price of GBX 98

Shares of Taylor Wimpey plc (LON:TW) have earned a consensus rating of “Hold” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 98.

TW has been the topic of a number of recent research reports. Citigroup decreased their price target on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Berenberg Bank cut their price target on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a report on Monday, August 3rd. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and decreased their price objective for the stock from GBX 115 to GBX 110 in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft decreased their price target on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a report on Tuesday, August 4th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 101 target price on shares of Taylor Wimpey in a research report on Wednesday, October 21st.

Taylor Wimpey Trading Down 7.3%

Shares of LON:TW opened at GBX 78.64 on Thursday. The firm has a market cap of £2.83 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 2.04 and a beta of 1.30. The stock’s fifty day moving average price is GBX 80.67 and its 200 day moving average price is GBX 87.58. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71.

Taylor Wimpey (LON:TW) last released its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. On average, sell-side analysts predict that Taylor Wimpey will post 9.83 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.