Insider Buying: Taylor Wimpey (LON:TW) Insider Buys 2,267 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Mark Castle purchased 2,267 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average price of GBX 102 per share, for a total transaction of £2,312.34.

Taylor Wimpey Price Performance

Taylor Wimpey stock traded up GBX 0.50 during mid-day trading on Monday, hitting GBX 101.75. 8,990,193 shares of the company’s stock traded hands, compared to its average volume of 2,409,451. 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 has a fifty day moving average of GBX 103.51 and a 200 day moving average of GBX 105.96. The stock has a market capitalization of £3.66 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TW. Berenberg Bank reiterated a “buy” rating and issued a GBX 135 price target on shares of Taylor Wimpey in a research note on Monday, November 17th. Citigroup increased their target price on Taylor Wimpey from GBX 140 to GBX 145 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Royal Bank Of Canada raised Taylor Wimpey to an “outperform” rating and lifted their price target for the stock from GBX 130 to GBX 150 in a report on Tuesday, December 2nd. JPMorgan Chase & Co. decreased their price objective on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Finally, The Goldman Sachs Group assumed coverage on Taylor Wimpey in a research report on Monday, November 24th. They set a “neutral” rating and a GBX 109 price objective on the stock. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Taylor Wimpey has a consensus rating of “Moderate Buy” and an average price target of GBX 129.13.

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.