Taylor Wimpey plc (TW) Given Consensus Rating of “Buy” by Brokerages
Shares of Taylor Wimpey plc (LON:TW) have been assigned an average recommendation of “Buy” from the fifteen brokerages that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 212.33 ($2.74).
A number of research analysts have recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 243 ($3.14) price objective on shares of Taylor Wimpey plc in a research report on Friday, September 1st. Shore Capital reaffirmed a “hold” rating on shares of Taylor Wimpey plc in a research report on Thursday, August 31st. HSBC Holdings plc lifted their price objective on Taylor Wimpey plc from GBX 211 ($2.73) to GBX 244 ($3.15) and gave the company a “buy” rating in a research report on Thursday, August 17th. Beaufort Securities reaffirmed a “buy” rating and set a GBX 220 ($2.84) price objective on shares of Taylor Wimpey plc in a research report on Wednesday, August 2nd. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a GBX 205 ($2.65) price objective on shares of Taylor Wimpey plc in a research report on Tuesday, August 1st.
Shares of Taylor Wimpey plc (LON:TW) traded down 1.52% during trading on Friday, hitting GBX 195.00. 7,600,800 shares of the company were exchanged. The company has a 50 day moving average of GBX 192.85 and a 200-day moving average of GBX 190.29. Taylor Wimpey plc has a 1-year low of GBX 135.21 and a 1-year high of GBX 204.50. The stock’s market capitalization is GBX 6.36 billion.
The company also recently announced a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, September 21st will be issued a GBX 2.30 ($0.03) dividend. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, September 21st.
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Taylor Wimpey plc Company Profile
Taylor Wimpey plc is a residential developer. The Company operates at a local level from 24 regional businesses across the United Kingdom, and it has operations in Spain. Its segments include Housing United Kingdom and Housing Spain. The Housing United Kingdom segment includes North, Central and South West, and London and South East (including Central London) divisions.
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