Taylor Wimpey plc (LON:TW) has received an average recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 177.92 ($2.32).
Several research analysts recently weighed in on the company. Berenberg Bank upped their price target on Taylor Wimpey from GBX 180 ($2.35) to GBX 210 ($2.74) and gave the company a “buy” rating in a research report on Monday, March 22nd. Jefferies Financial Group raised Taylor Wimpey to a “buy” rating and set a GBX 203 ($2.65) target price on the stock in a research report on Monday, February 8th. Canaccord Genuity upped their target price on Taylor Wimpey from GBX 190 ($2.48) to GBX 193 ($2.52) and gave the stock a “buy” rating in a research report on Wednesday, March 3rd. Finally, UBS Group upped their target price on Taylor Wimpey from GBX 210 ($2.74) to GBX 215 ($2.81) and gave the stock a “buy” rating in a research report on Thursday, March 18th.
In other news, insider Pete Redfern sold 27,940 shares of the stock in a transaction that occurred on Tuesday, March 2nd. The stock was sold at an average price of GBX 168 ($2.19), for a total value of £46,939.20 ($61,326.37). Over the last three months, insiders bought 251 shares of company stock valued at $44,951.
Taylor Wimpey stock traded up GBX 2.50 ($0.03) during midday trading on Friday, reaching GBX 172.65 ($2.26). The stock had a trading volume of 5,742,259 shares, compared to its average volume of 2,409,451. The firm’s fifty day simple moving average is GBX 181.23 and its two-hundred day simple moving average is GBX 155.93. The company has a debt-to-equity ratio of 3.28, a current ratio of 5.49 and a quick ratio of 1.00. Taylor Wimpey has a twelve month low of GBX 98.12 ($1.28) and a twelve month high of GBX 213.92 ($2.79). The firm has a market cap of £6.29 billion and a price-to-earnings ratio of 27.85.
The company also recently disclosed a dividend, which was paid on Friday, May 14th. Shareholders of record on Thursday, April 1st were given a GBX 4.14 ($0.05) dividend. The ex-dividend date was Thursday, April 1st. This represents a dividend yield of 2.49%. Taylor Wimpey’s dividend payout ratio is currently 64.52%.
Taylor Wimpey Company Profile
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds and delivers various homes and communities, including apartments to six-bedroom houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
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