Taylor Wimpey (LON:TW) Insider Buys £151.24 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly acquired 199 shares of the business’s stock in a transaction on Thursday, October 8th. The shares were bought at an average cost of GBX 76 per share, with a total value of £151.24.

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

• On Tuesday, September 8th, Jennie Daly acquired 183 shares of Taylor Wimpey stock. The shares were bought at an average price of GBX 82 per share, for a total transaction of £150.06.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at GBX 73.44 on Monday. The firm’s 50-day moving average is GBX 82 and its 200 day moving average is GBX 81.65. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The company has a market capitalization of £2.64 billion, a PE ratio of 10.71, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last issued its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, equities analysts expect that Taylor Wimpey plc will post 9.83 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have commented on TW shares. Citigroup dropped their price objective on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a report on Monday, August 3rd. Berenberg Bank reduced their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a report on Monday, August 3rd. JPMorgan Chase & Co. reduced their target price on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft decreased their target price on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 101 price target on shares of Taylor Wimpey in a research note on Monday, September 28th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Taylor Wimpey presently has an average rating of “Hold” and an average target price of GBX 98.

About Taylor Wimpey

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.