Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Receives Average Recommendation of “Hold” from Brokerages

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have recently commented on TWODY shares. The Goldman Sachs Group cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Rothschild & Co Redburn cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th.

Taylor Wimpey Stock Down 1.6%

TWODY opened at $10.56 on Wednesday. Taylor Wimpey has a twelve month low of $9.79 and a twelve month high of $16.00. The company has a 50-day simple moving average of $10.58 and a 200 day simple moving average of $12.52.

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.