Taylor Wimpey plc (LON:TW) Receives Average Recommendation of “Moderate Buy” from Analysts

Taylor Wimpey plc (LON:TW) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 126.

A number of analysts recently issued reports on TW shares. Jefferies Financial Group lowered their target price on Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating for the company in a research note on Monday, January 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 150 price target on shares of Taylor Wimpey in a report on Friday, January 16th. Peel Hunt reissued a “hold” rating and set a GBX 110 price objective on shares of Taylor Wimpey in a research report on Wednesday, October 1st. JPMorgan Chase & Co. dropped their price objective on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Finally, The Goldman Sachs Group assumed coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a “neutral” rating and a GBX 109 target price for the company.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at GBX 105.90 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The company has a market capitalization of £3.81 billion, a P/E ratio of 15.45, a P/E/G ratio of 2.04 and a beta of 1.81. The stock has a 50-day simple moving average of GBX 103.98 and a 200-day simple moving average of GBX 103.32.

Insider Activity

In other 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, for a total transaction of £2,312.34. Insiders bought 3,124 shares of company stock worth $321,174 in the last ninety days. 0.87% of the stock is currently owned by company 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.