Taylor Wimpey (LON:TW) Insider Purchases £150.23 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 181 shares of the stock in a transaction on Monday, November 9th. The shares were purchased at an average cost of GBX 83 per share, with a total value of £150.23.

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

• On Thursday, October 8th, Jennie Daly acquired 199 shares of Taylor Wimpey stock. The stock was acquired at an average price of GBX 76 per share, for a total transaction of £151.24.
• On Tuesday, September 8th, Jennie Daly purchased 183 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 82 per share, for a total transaction of £150.06.

Taylor Wimpey Stock Performance

Taylor Wimpey stock traded down GBX 0.70 during midday trading on Tuesday, hitting GBX 82.92. 14,837,237 shares of the company were exchanged, compared to its average volume of 2,409,451. The company has a market cap of £2.98 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 2.04 and a beta of 1.30. The stock’s fifty day simple moving average is GBX 80.37 and its two-hundred day simple moving average is GBX 86.59. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on TW shares. Citigroup cut their target price 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. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and dropped their price target for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Berenberg Bank cut their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a report on Wednesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft lowered their target price 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 research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target 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.