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Davy Research

Taylor Wimpey plc

More potential

May 26 2022, 07:25 IST/BST
Colin Sheridan CFA
Company Report
5 page(s)

Sectors : Construction and Housebuilding

Companies : Taylor Wimpey plc

Ratings and price correct at time of issue.

Taylor Wimpey plc

Closing Price: 127p
RATING 10/09/13
OUTPERFORM
PREVIOUS RATING 21/05/13

UNDER REVIEW

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

Evolution, not revolution, was very much the message from new Taylor Wimpey (TW) CEO Jennie Daly. The company will strive towards greater efficiency as it enters a phase of significant growth towards the end of this year. Trading was only marginally above book value, with downside to the stock starting to look limited.

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May 26 2022, 07:25 IST/BST