Insider Buying: Taylor Wimpey (LON:TW) Insider Acquires £2,312.34 in Stock

Taylor Wimpey plc (LON:TW) insider Mark Castle bought 2,267 shares of the business’s stock in a transaction on Monday, December 15th. The stock was acquired at an average cost of GBX 102 per share, for a total transaction of £2,312.34.

Taylor Wimpey Trading Up 0.5%

Taylor Wimpey stock opened at GBX 102.30 on Thursday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The stock has a market cap of £3.68 billion, a PE ratio of 14.92, a P/E/G ratio of 2.04 and a beta of 1.81. The firm’s 50 day simple moving average is GBX 103.28 and its 200 day simple moving average is GBX 105.70.

Analyst Upgrades and Downgrades

TW has been the topic of a number of research analyst reports. Citigroup raised their price objective on shares of Taylor Wimpey from GBX 140 to GBX 145 and gave the stock a “buy” rating in a report on Friday, October 3rd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 142 price objective on shares of Taylor Wimpey in a report on Wednesday, October 8th. The Goldman Sachs Group assumed coverage on Taylor Wimpey in a research note on Monday, November 24th. They set a “neutral” rating and a GBX 109 price objective on the stock. JPMorgan Chase & Co. decreased their target price on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada upgraded Taylor Wimpey to an “outperform” rating and boosted their price target for the company from GBX 130 to GBX 150 in a report on Tuesday, December 2nd. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus 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.