Taylor Wimpey plc (OTCMKTS:TWODF) Given Average Rating of “Reduce” by Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have earned an average rating of “Reduce” from the six ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts have recently issued reports on the company. The Goldman Sachs Group lowered Taylor Wimpey from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 26th. Morgan Stanley restated an “underweight” rating on shares of Taylor Wimpey in a report on Thursday, June 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Taylor Wimpey in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, August 4th.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at $1.11 on Thursday. The company’s fifty day moving average price is $1.05 and its 200 day moving average price is $1.16. Taylor Wimpey has a 1 year low of $0.95 and a 1 year high of $1.55.

Taylor Wimpey Company Profile

Taylor Wimpey plc (OTCMKTS:TWODF) is a leading UK-based residential developer engaged in the design, construction and sale of new homes. The company focuses on delivering high-quality housing schemes, including apartments, detached and semi-detached houses, and bungalows. Through its integrated approach, Taylor Wimpey manages land acquisition, planning approvals and on-site construction to bring forward sustainable communities.

The company offers a diverse range of product types, from first-time buyer homes to family residences and retirement living properties.