Taylor Wimpey plc (OTCMKTS:TWODF) Given Average Rating of “Reduce” by Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been assigned an average recommendation of “Reduce” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company.

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Taylor Wimpey in a research note on Tuesday, August 4th. UBS Group initiated coverage on shares of Taylor Wimpey in a research note on Wednesday, September 9th. They issued a “sell” rating for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Taylor Wimpey in a report on Monday, August 3rd. Morgan Stanley restated an “underweight” rating on shares of Taylor Wimpey in a research report on Thursday, June 11th. Finally, The Goldman Sachs Group lowered Taylor Wimpey from a “neutral” rating to a “sell” rating in a report on Tuesday, May 26th.

Taylor Wimpey Trading Up 6.5%

TWODF opened at $1.06 on Monday. The firm has a 50-day moving average price of $1.06 and a 200-day moving average price of $1.10. Taylor Wimpey has a twelve month low of $0.95 and a twelve month high of $1.55.

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.