Taylor Wimpey plc (LON:TW) Insider Chris Carney Buys 148 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Chris Carney bought 148 shares of the stock in a transaction on Friday, August 8th. The stock was purchased at an average price of GBX 101 ($1.36) per share, for a total transaction of £149.48 ($200.78).

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

• On Tuesday, July 8th, Chris Carney bought 133 shares of Taylor Wimpey stock. The stock was purchased at an average price of GBX 112 ($1.50) per share, for a total transaction of £148.96 ($200.08).
• On Monday, June 9th, Chris Carney purchased 131 shares of Taylor Wimpey stock. The shares were bought at an average price of GBX 115 ($1.54) per share, with a total value of £150.65 ($202.35).

Taylor Wimpey Stock Performance

LON TW opened at GBX 101.10 ($1.36) on Tuesday. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The firm has a market cap of £3.63 billion, a PE ratio of 14.75, a PEG ratio of 2.04 and a beta of 1.81. The business’s fifty day simple moving average is GBX 113.02 and its 200-day simple moving average is GBX 113.90.

Taylor Wimpey (LON:TW) last posted its quarterly earnings data on Wednesday, July 30th. The homebuilder reported GBX 3.20 ($0.04) earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. As a group, equities research analysts forecast that Taylor Wimpey plc will post 9.8339265 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TW. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Taylor Wimpey in a research note on Thursday, July 31st. Berenberg Bank decreased their price target on Taylor Wimpey from GBX 150 ($2.01) to GBX 135 ($1.81) and set a “buy” rating for the company in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft decreased their price target on Taylor Wimpey from GBX 136 ($1.83) to GBX 122 ($1.64) and set a “hold” rating for the company in a research note on Tuesday, August 5th. Royal Bank Of Canada decreased their price target on Taylor Wimpey from GBX 135 ($1.81) to GBX 130 ($1.75) and set a “sector perform” rating for the company in a research note on Thursday, July 31st. Finally, Citigroup decreased their price target on Taylor Wimpey from GBX 150 ($2.01) to GBX 147 ($1.97) and set a “buy” rating for the company in a research note on Thursday, July 24th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 143.17 ($1.92).

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.