Taylor Wimpey plc (OTCMKTS:TWODF) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have earned a consensus recommendation of “Reduce” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating on the company.

TWODF has been the topic of a number of recent analyst reports. UBS Group began coverage on Taylor Wimpey in a report on Wednesday, September 9th. They set a “sell” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, August 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Taylor Wimpey in a research note on Monday, August 3rd. Finally, Morgan Stanley reissued an “underweight” rating on shares of Taylor Wimpey in a report on Thursday, June 11th.

Taylor Wimpey Stock Performance

Shares of OTCMKTS TWODF opened at $1.02 on Friday. Taylor Wimpey has a twelve month low of $0.95 and a twelve month high of $1.55. The stock’s 50 day moving average price is $1.06 and its 200-day moving average price is $1.07.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable housing providers. Its activities include land acquisition, planning, site development and construction, with homes ranging from apartments to family houses. The company also provides related infrastructure and community amenities as part of larger residential developments.

The company operates primarily in the United Kingdom, serving markets across England, Scotland and Wales, and has also maintained a residential development business in Spain.