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

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

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

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

Taylor Wimpey Price Performance

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

Taylor Wimpey (LON:TW) last released its quarterly earnings results 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%. On average, equities analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TW. Deutsche Bank Aktiengesellschaft dropped their target price on Taylor Wimpey from GBX 136 ($1.83) to GBX 122 ($1.64) and set a “hold” rating for the company in a report on Tuesday, August 5th. Citigroup dropped their target price on Taylor Wimpey from GBX 150 ($2.01) to GBX 147 ($1.97) and set a “buy” rating for the company in a report on Thursday, July 24th. Berenberg Bank dropped their target price on Taylor Wimpey from GBX 150 ($2.01) to GBX 135 ($1.81) and set a “buy” rating for the company in a report on Wednesday, July 30th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Taylor Wimpey in a report on Thursday, July 31st. Finally, Royal Bank Of Canada dropped their target price on Taylor Wimpey from GBX 135 ($1.81) to GBX 130 ($1.75) and set a “sector perform” rating for the company in a report on Thursday, July 31st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 143.17 ($1.92).

Taylor Wimpey Company Profile

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.