Taylor Wimpey plc (LON:TW) Receives GBX 188.50 Consensus Target Price from Brokerages

Taylor Wimpey plc (LON:TW) has been given an average recommendation of “Buy” by the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 188.50 ($2.46).

A number of analysts recently issued reports on TW shares. UBS Group restated a “buy” rating on shares of Taylor Wimpey in a report on Thursday, September 19th. Goldman Sachs Group upgraded shares of Taylor Wimpey to a “buy” rating in a research note on Tuesday, August 13th. Deutsche Bank initiated coverage on shares of Taylor Wimpey in a research note on Wednesday, September 4th. They issued a “buy” rating and a GBX 187 ($2.44) target price for the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 200 ($2.61) target price on shares of Taylor Wimpey in a research note on Thursday, August 29th. Finally, Peel Hunt reiterated a “hold” rating on shares of Taylor Wimpey in a research note on Tuesday, August 20th.

LON TW traded down GBX 1.05 ($0.01) during trading hours on Friday, reaching GBX 149.60 ($1.95). 10,531,265 shares of the company were exchanged, compared to its average volume of 16,200,000. Taylor Wimpey has a 1 year low of GBX 127.80 ($1.67) and a 1 year high of GBX 192.70 ($2.52). The business’s 50 day simple moving average is GBX 153.08 and its 200-day simple moving average is GBX 166.53. The company has a quick ratio of 0.44, a current ratio of 3.35 and a debt-to-equity ratio of 3.83. The stock has a market capitalization of $4.91 billion and a P/E ratio of 7.52.

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd will be given a GBX 3.84 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 2.18%. Taylor Wimpey’s dividend payout ratio (DPR) is currently 0.40%.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.

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Analyst Recommendations for Taylor Wimpey (LON:TW)

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