Taylor Wimpey (OTCMKTS:TWODY) Stock Rating Lowered by The Goldman Sachs Group

Taylor Wimpey (OTCMKTS:TWODY) was downgraded by research analysts at The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Separately, Rothschild & Co Redburn cut Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold”.

Taylor Wimpey Trading Up 2.3%

Taylor Wimpey stock opened at $10.91 on Tuesday. Taylor Wimpey has a 52 week low of $10.19 and a 52 week high of $17.26. The stock has a 50-day simple moving average of $11.26 and a 200 day simple moving average of $13.11.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.