Insider Buying: Taylor Wimpey (LON:TW) Insider Buys £149.72 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 197 shares of the stock in a transaction on Wednesday, July 8th. The stock was purchased at an average cost of GBX 76 per share, with a total value of £149.72.

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

• On Monday, June 8th, Jennie Daly purchased 195 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 77 per share, for a total transaction of £150.15.
• On Friday, May 8th, Jennie Daly acquired 178 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 84 per share, for a total transaction of £149.52.

Taylor Wimpey Stock Down 3.8%

TW stock traded down GBX 3.02 during midday trading on Thursday, reaching GBX 76.76. 20,776,830 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 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The firm has a 50 day simple moving average of GBX 79.20 and a two-hundred day simple moving average of GBX 93.17. The firm has a market capitalization of £2.76 billion, a P/E ratio of 11.20, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Berenberg Bank cut their target price on shares of Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Jefferies Financial Group dropped their price target on shares of Taylor Wimpey from GBX 105 to GBX 103 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. Bank of America dropped their price target on shares of Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating on the stock in a report on Monday, March 30th. Deutsche Bank Aktiengesellschaft lowered their target price on Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating on the stock in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a research note on Tuesday, June 16th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Taylor Wimpey presently has an average rating of “Hold” and a consensus target price of GBX 109.

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.