Taylor Wimpey plc (LON:TW) Stock Has Average Price Target of GBX 98 According to Analysts

Shares of Taylor Wimpey plc (LON:TW – Get Free Report) have earned an average rating of “Hold” from the nine analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 98.

Several brokerages have recently commented on TW. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Citigroup lowered their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a report on Monday, August 3rd. Royal Bank Of Canada cut Taylor Wimpey to an “outperform” rating and cut their price objective for the company from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 101 target price on shares of Taylor Wimpey in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. reduced their target price on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a report on Tuesday, June 16th.

View Our Latest Stock Report on TW

Taylor Wimpey Stock Performance

Shares of TW opened at GBX 73.44 on Friday. The stock has a market capitalization of £2.64 billion, a P/E ratio of 10.71, a P/E/G ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The company has a 50 day simple moving average of GBX 82 and a 200-day simple moving average of GBX 81.70.

Taylor Wimpey (LON:TW – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, equities research analysts forecast that Taylor Wimpey will post 9.83 earnings per share for the current fiscal year.

Taylor Wimpey Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Taylor Wimpey (LON:TW)

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