Taylor Wimpey (LON:TW) Stock Crosses Above Two Hundred Day Moving Average of $142.21

Taylor Wimpey plc (LON:TW) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 142.21 ($1.80) and traded as high as GBX 144.85 ($1.84). Taylor Wimpey shares last traded at GBX 142.15 ($1.80), with a volume of 11,432,740 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Royal Bank of Canada raised shares of Taylor Wimpey to an “outperform” rating and set a GBX 175 ($2.22) target price for the company in a research report on Friday, April 12th. Berenberg Bank reissued a “hold” rating and issued a GBX 130 ($1.65) price objective on shares of Taylor Wimpey in a research report on Monday, March 4th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Taylor Wimpey in a research report on Friday, May 3rd.

Taylor Wimpey Stock Down 0.2 %

The company has a current ratio of 5.37, a quick ratio of 0.71 and a debt-to-equity ratio of 2.80. The stock’s 50-day moving average is GBX 143.32 and its 200-day moving average is GBX 142.21. The company has a market cap of £5.02 billion, a price-to-earnings ratio of 1,421.50, a P/E/G ratio of 2.12 and a beta of 1.76.

Taylor Wimpey Company Profile

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.