Peter Ajose-Adeogun, an analyst from Morgan Stanley, maintained the Hold rating on Taylor Wimpey. The associated price target is p110.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Peter Ajose-Adeogun has given his Hold rating due to a combination of factors influencing Taylor Wimpey’s current market position. The company is targeting a significant increase in completions to 14,000, which is notably higher than the guidance for 2025 of approximately 10,600. However, the operating margin is projected to remain between 16-18%, and the overall guidance for 2025 remains unchanged with an operating profit of around £424 million and completions between 10,400 and 10,800.
Despite a year-to-date sales rate increase of 3%, the sales rate in the nine weeks leading up to September has decreased by 7% compared to the same period last year. This decline in sales rate, coupled with management’s concern over potentially reduced customer sentiment due to the delayed UK Budget, suggests caution. Nonetheless, the company is considered well-positioned, and its capital allocation policy has been reaffirmed, supporting the decision to maintain a Hold rating.