Insider Buying: Taylor Wimpey (LON:TW) Insider Acquires £149.10 in Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney purchased 142 shares of the stock in a transaction on Wednesday, October 8th. The shares were purchased at an average price of GBX 105 per share, with a total value of £149.10.

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

• On Monday, September 8th, Chris Carney acquired 151 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 100 per share, for a total transaction of £151.
• On Friday, August 8th, Chris Carney acquired 148 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 101 per share, for a total transaction of £149.48.

Taylor Wimpey Trading Down 0.2%

TW stock opened at GBX 100.30 on Monday. The business’s fifty day moving average is GBX 99.90 and its 200 day moving average is GBX 109.16. The firm has a market capitalization of £3.61 billion, a PE ratio of 14.63, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW) last announced its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. On average, equities research analysts predict that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TW shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 target price on shares of Taylor Wimpey in a report on Monday, September 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 130 target price on shares of Taylor Wimpey in a report on Thursday, October 2nd. Citigroup lifted their target price on shares of Taylor Wimpey from GBX 140 to GBX 145 and gave the company a “buy” rating in a report on Friday, October 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 142 price target on shares of Taylor Wimpey in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating for the company in a report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 133.43.

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.