Taylor Wimpey (LON:TW) Insider Acquires £151.20 in Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney purchased 140 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The shares were purchased at an average cost of GBX 108 per share, for a total transaction of £151.20.

Chris Carney also recently made the following trade(s):

• On Monday, December 8th, Chris Carney acquired 147 shares of Taylor Wimpey stock. The stock was purchased at an average cost of GBX 102 per share, with a total value of £149.94.
• On Monday, November 10th, Chris Carney acquired 142 shares of Taylor Wimpey stock. The shares were purchased at an average price of GBX 105 per share, with a total value of £149.10.

Taylor Wimpey Stock Performance

Shares of LON:TW remained flat at GBX 108.10 during trading on Friday. The stock had a trading volume of 9,657,498 shares, compared to its average volume of 2,409,451. The stock has a 50 day simple moving average of GBX 103.24 and a two-hundred day simple moving average of GBX 104.33. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The company has a market capitalization of £3.89 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TW shares. Royal Bank Of Canada raised shares of Taylor Wimpey to an “outperform” rating and raised their price objective for the company from GBX 130 to GBX 150 in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. dropped their price target on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. The Goldman Sachs Group began coverage on Taylor Wimpey in a research note on Monday, November 24th. They set a “neutral” rating and a GBX 109 price target for the company. Peel Hunt reissued a “hold” rating and set a GBX 110 price objective 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 target price on shares of Taylor Wimpey in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.