Taylor Wimpey (LON:TW) Insider Acquires £150.06 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly bought 183 shares of Taylor Wimpey stock in a transaction dated Tuesday, September 8th. The shares were bought at an average cost of GBX 82 per share, with a total value of £150.06.

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

• On Wednesday, July 8th, Jennie Daly acquired 197 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 76 per share, with a total value of £149.72.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock traded down GBX 0.06 during trading hours on Wednesday, reaching GBX 81.64. The company had a trading volume of 9,513,107 shares, compared to its average volume of 2,409,451. The company has a market cap of £2.93 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The business has a 50 day moving average price of GBX 82.37 and a two-hundred day moving average price of GBX 85.39.

Taylor Wimpey (LON:TW) last issued its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. On average, research analysts forecast that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have commented on TW shares. Berenberg Bank cut their price target 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. Deutsche Bank Aktiengesellschaft reduced their target price on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Jefferies Financial Group decreased their target price on Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. JPMorgan Chase & Co. dropped their price target on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada cut shares of Taylor Wimpey to an “outperform” rating and decreased their price objective for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold” and an average target price of GBX 99.20.

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.