The Goldman Sachs Group Upgrades Taylor Wimpey (OTCMKTS:TWODY) to “Hold”

Taylor Wimpey (OTCMKTS:TWODY) was upgraded by equities researchers at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday, Zacks reports.

Several other brokerages have also recently commented on TWODY. UBS Group upgraded shares of Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. Zacks Research upgraded shares of Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Taylor Wimpey Stock Performance

OTCMKTS TWODY opened at $10.82 on Tuesday. The company has a fifty day moving average of $10.82 and a two-hundred day moving average of $10.86. Taylor Wimpey has a 1 year low of $9.57 and a 1 year high of $16.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.44 and a current ratio of 4.99.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer and housebuilder headquartered in the United Kingdom. The company acquires land, secures planning approvals and designs, constructs and sells homes for private buyers, while also working with housing associations and other organizations to deliver affordable housing.

The company operates primarily in the United Kingdom, where it builds a range of properties from apartments and starter homes to larger family houses. Its activities also include land development, infrastructure work and the management of large-scale residential communities.