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

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

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

Taylor Wimpey Trading Up 2.3%

Shares of TWODY stock opened at $10.91 on Tuesday. Taylor Wimpey has a 1 year low of $10.19 and a 1 year high of $17.26. The firm’s fifty day moving average price is $11.26 and its two-hundred day moving average price is $13.11.

About Taylor Wimpey

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.