Taylor Wimpey (LON:TW) Insider Buys £150.06 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 183 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average price of GBX 82 per share, for a total transaction of £150.06.

Jennie Daly also recently made the following trade(s):

• On Wednesday, July 8th, Jennie Daly acquired 197 shares of Taylor Wimpey stock. The stock was purchased at an average cost of GBX 76 per share, with a total value of £149.72.

Taylor Wimpey Stock Performance

Shares of Taylor Wimpey stock opened at GBX 77.98 on Friday. The stock has a fifty day moving average price of GBX 82.35 and a 200-day moving average price of GBX 84.86. The firm has a market capitalization of £2.80 billion, a P/E ratio of 11.38, a P/E/G ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99.

Taylor Wimpey (LON:TW) last posted its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Equities research analysts forecast that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on TW. Jefferies Financial Group lowered their price target on Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Citigroup cut their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Royal Bank Of Canada downgraded Taylor Wimpey to an “outperform” rating and reduced their target price for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Berenberg Bank decreased their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold” and an average price target of GBX 99.20.

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.