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

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

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

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

Taylor Wimpey Stock Performance

Shares of TW traded down GBX 0.70 during mid-day 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 stock has a market cap of £2.98 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The firm’s fifty day simple moving average is GBX 80.37 and its 200 day simple moving average is GBX 86.59. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TW. 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. Jefferies Financial Group reiterated a “buy” rating and set a GBX 101 price target on shares of Taylor Wimpey in a research report on Wednesday, October 21st. Berenberg Bank reduced their price objective on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a research note on Monday, August 3rd. Citigroup decreased their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a report on Monday, August 3rd. Finally, Royal Bank Of Canada cut shares of Taylor Wimpey to an “outperform” rating and lowered their target price for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 98.

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.