Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Up – Here’s Why

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODYGet Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $10.3150, but opened at $10.81. Taylor Wimpey shares last traded at $10.7450, with a volume of 430 shares.

Analysts Set New Price Targets

TWODY has been the topic of a number of research reports. The Goldman Sachs Group cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 26th. UBS Group raised shares of Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Taylor Wimpey currently has a consensus rating of “Reduce”.

Check Out Our Latest Report on TWODY

Taylor Wimpey Stock Up 4.7%

The business’s fifty day moving average is $11.10 and its 200-day moving average is $11.25.

About Taylor Wimpey

(Get Free Report)

Taylor Wimpey plc (OTCMKTS:TWODY) is a residential property developer headquartered in the United Kingdom. The company acquires land, secures planning approvals, and designs, builds and sells new homes for private buyers and affordable-housing providers. Its developments typically include houses and apartments in a range of sizes and price points, supported by related infrastructure and community facilities.

The company operates primarily in England, Scotland and Wales, as well as in Spain through its Taylor Wimpey España business.

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