Taylor Wimpey plc (OTCMKTS:TWODF) Receives Average Recommendation of “Reduce” from Brokerages

Taylor Wimpey plc (OTCMKTS:TWODF) has been given an average rating of “Reduce” by the four research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has given a buy recommendation to the company.

A number of brokerages have commented on TWODF. Morgan Stanley cut shares of Taylor Wimpey from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 23rd. Barclays restated an “underweight” rating on shares of Taylor Wimpey in a research note on Monday, February 23rd.

Taylor Wimpey Stock Performance

Shares of TWODF opened at $1.19 on Friday. Taylor Wimpey has a 12 month low of $1.09 and a 12 month high of $1.67. The company has a 50-day moving average price of $1.31 and a two-hundred day moving average price of $1.36.

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.