UBS Group Upgrades Taylor Wimpey (OTCMKTS:TWODY) to “Strong Sell”

Taylor Wimpey (OTCMKTS:TWODY) was upgraded by equities researchers at UBS Group to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.

Other research analysts have also issued reports about the company. The Goldman Sachs Group lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Rothschild & Co Redburn lowered Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Taylor Wimpey Trading Down 2.6%

OTCMKTS:TWODY opened at $10.49 on Wednesday. Taylor Wimpey has a 1-year low of $9.79 and a 1-year high of $16.00. The stock has a fifty day simple moving average of $11.12 and a 200 day simple moving average of $11.36.

About Taylor Wimpey

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.