Taylor Wimpey (LON:TW) Insider Chris Carney Acquires 197 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney purchased 197 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were purchased at an average cost of GBX 76 per share, for a total transaction of £149.72.

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

• On Monday, June 8th, Chris Carney acquired 196 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 77 per share, for a total transaction of £150.92.
• On Friday, May 8th, Chris Carney bought 178 shares of Taylor Wimpey stock. The shares were purchased at an average cost of GBX 84 per share, for a total transaction of £149.52.

Taylor Wimpey Price Performance

Shares of LON TW traded down GBX 3.02 during mid-day 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 business has a fifty day moving average of GBX 79.20 and a 200-day moving average of GBX 93.17. The company has a market capitalization of £2.76 billion, a PE ratio of 11.20, a P/E/G ratio of 2.04 and a beta of 1.30.

Analysts Set New Price Targets

TW has been the topic of a number of recent research reports. Berenberg Bank dropped their target price on Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating for the company in a research report on Monday, May 11th. Jefferies Financial Group dropped their price objective on 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 reduced their price objective on Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating for the company in a report on Monday, March 30th. Finally, JPMorgan Chase & Co. lowered their target price on 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 investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 109.

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.