Taylor Wimpey plc

Getting on with it: well placed to outgrow market following land investment

  • Sectors : Construction and Housebuilding
  • Companies : Taylor Wimpey plc

Ratings and price correct at time of issue.

  • Taylor Wimpey plc

    Closing Price: 161p

  • RATING 10/09/13

  • PREVIOUS RATING 21/05/13

    UNDER REVIEW

DAVY VIEW

Numbers from Taylor Wimpey (TW) will be in line with our estimates for FY 2020. The company has also left FY 2021 guidance unchanged, so we see little risk to forecasts on the back of today’s update. TW has been extremely active in the land market since the middle of 2020 and this should open the door for outsized growth in volumes in the medium term relative to the sector.

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Jan 14 2021, 07:55 GMT

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