Insider Buying: Taylor Wimpey (LON:TW) Insider Buys £151.20 in Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney purchased 140 shares of the stock in a transaction on Thursday, January 8th. The shares were acquired at an average cost of GBX 108 per share, for a total transaction of £151.20.

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

• On Monday, December 8th, Chris Carney acquired 147 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 102 per share, with a total value of £149.94.
• On Monday, November 10th, Chris Carney bought 142 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 105 per share, with a total value of £149.10.

Taylor Wimpey Trading Up 0.7%

TW stock opened at GBX 108.85 on Monday. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The firm has a market cap of £3.91 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 2.04 and a beta of 1.81. The business’s fifty day simple moving average is GBX 103.29 and its 200 day simple moving average is GBX 104.03.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TW shares. Royal Bank Of Canada raised shares of Taylor Wimpey to an “outperform” rating and increased their price objective for the company from GBX 130 to GBX 150 in a research report on Tuesday, December 2nd. 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. Citigroup lifted their price objective on Taylor Wimpey from GBX 140 to GBX 145 and gave the company a “buy” rating in a report on Friday, October 3rd. JPMorgan Chase & Co. cut 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, Peel Hunt restated a “hold” rating and issued a GBX 110 price target on shares of Taylor Wimpey in a research report on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average 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.