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

Taylor Wimpey plc (LON:TW) insider Chris Carney bought 197 shares of the stock in a transaction dated Wednesday, July 8th. The stock was bought at an average price of GBX 76 per share, with a total value of £149.72.

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

• On Monday, June 8th, Chris Carney purchased 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 purchased 178 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 84 per share, with a total value of £149.52.

Taylor Wimpey Stock Up 0.9%

Shares of LON:TW opened at GBX 78.74 on Friday. The firm has a market capitalization of £2.83 billion, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The firm has a 50-day moving average price of GBX 79.04 and a 200 day moving average price of GBX 92.87. The company has a debt-to-equity ratio of 2.96, a current ratio of 4.96 and a quick ratio of 0.71.

Wall Street Analyst Weigh In

TW has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research report on Tuesday, June 16th. Jefferies Financial Group cut their price target 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 target on Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating for the company in a report on Monday, March 30th. Berenberg Bank lowered their price objective on Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating on the stock in a report on Monday, May 11th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average 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.