Insider Buying: Taylor Wimpey (LON:TW) Insider Buys 142 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 142 shares of the stock in a transaction dated Monday, November 10th. The stock was purchased at an average cost of GBX 105 per share, with a total value of £149.10.

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

• On Monday, September 8th, Jennie Daly purchased 151 shares of Taylor Wimpey stock. The stock was bought at an average cost of GBX 100 per share, for a total transaction of £151.

Taylor Wimpey Stock Up 2.0%

Shares of LON:TW traded up GBX 2.05 during midday trading on Tuesday, reaching GBX 104.80. The company had a trading volume of 17,885,994 shares, compared to its average volume of 2,409,451. The firm has a market capitalization of £3.77 billion, a PE ratio of 15.29, a PEG ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The company’s fifty day moving average is GBX 102.15 and its 200 day moving average is GBX 108.81.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TW shares. Citigroup raised their price objective on Taylor Wimpey from GBX 140 to GBX 145 and gave the company a “buy” rating in a research report on Friday, October 3rd. Berenberg Bank reiterated a “buy” rating and set a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Taylor Wimpey in a research report on Thursday, October 2nd. Peel Hunt reiterated a “hold” rating and set a GBX 110 price target on shares of Taylor Wimpey in a report on Wednesday, October 1st. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 142 price objective on shares of Taylor Wimpey in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 133.43.

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.