Taylor Wimpey (LON:TW) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Key Points

• Taylor Wimpey fell below its 200‑day moving average, trading as low as GBX 102.10 versus a 200‑day MA of GBX 105.36 and last at GBX 102.65 on volume 19,849,606, a technical sign of near‑term weakness.
• Analysts are split between Buy and Hold, producing a consensus rating of "Moderate Buy" and a consensus price target of GBX 129.13, implying notable upside from current levels.
• An insider (Mark Castle) purchased 2,267 shares at GBX 102 on Dec 15, insiders have bought 2,987 shares in the past 90 days, and insiders now own 0.87% of the company.

Taylor Wimpey plc (LON:TW - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 105.36 and traded as low as GBX 102.10. Taylor Wimpey shares last traded at GBX 102.65, with a volume of 19,849,606 shares.

Analysts Set New Price Targets

A number of equities analysts have weighed in on TW shares. The Goldman Sachs Group began coverage on shares of Taylor Wimpey in a research report on Monday, November 24th. They issued a "neutral" rating and a GBX 109 price target for the company. Jefferies Financial Group restated a "buy" rating and set a GBX 142 target price on shares of Taylor Wimpey in a research note on Wednesday, October 8th. Citigroup upped their target price on shares of Taylor Wimpey from GBX 140 to GBX 145 and gave the stock a "buy" rating in a report on Friday, October 3rd. Royal Bank Of Canada upgraded Taylor Wimpey to an "outperform" rating and increased their price target for the stock from GBX 130 to GBX 150 in a research note on Tuesday, December 2nd. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 135 price target on shares of Taylor Wimpey in a report on Monday, November 17th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 129.13.

Taylor Wimpey Price Performance

The firm's fifty day moving average price is GBX 103.37 and its 200 day moving average price is GBX 105.36. 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 stock has a market cap of £3.72 billion, a PE ratio of 15.11, a P/E/G ratio of 2.04 and a beta of 1.81.

Insider Transactions at Taylor Wimpey

In related news, insider Mark Castle purchased 2,267 shares of the firm's stock in a transaction on Monday, December 15th. The shares were acquired at an average price of GBX 102 per share, for a total transaction of £2,312.34. In the last 90 days, insiders have acquired 2,987 shares of company stock valued at $305,952. Insiders own 0.87% of the company's stock.

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.

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