Taylor Wimpey plc (LON:TW) Given Average Rating of “Hold” by Brokerages

Taylor Wimpey plc (LON:TW) has been given a consensus rating of “Hold” by the ten research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 109.

TW has been the topic of a number of research analyst reports. Bank of America dropped their price target on shares of Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Berenberg Bank decreased their price objective on shares of Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. cut their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research note on Tuesday, June 16th. Finally, Jefferies Financial Group cut their target price on shares of Taylor Wimpey from GBX 105 to GBX 103 and set a “buy” rating for the company in a research note on Tuesday, May 5th.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at GBX 82.78 on Tuesday. The company has a debt-to-equity ratio of 2.96, a current ratio of 4.96 and a quick ratio of 0.71. The stock has a market capitalization of £2.98 billion, a PE ratio of 12.08, a PEG ratio of 2.04 and a beta of 1.30. The firm has a 50 day simple moving average of GBX 79.22 and a 200 day simple moving average of GBX 91.20.

Insider Buying and Selling at Taylor Wimpey

In other news, insider Mark Castle purchased 1,999 shares of the stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of GBX 75 per share, with a total value of £1,499.25. Over the last 90 days, insiders have bought 3,140 shares of company stock worth $239,880. Insiders own 0.87% of the company’s stock.

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.