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

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

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

Taylor Wimpey Trading Down 0.6%

Shares of OTCMKTS:TWODY opened at $10.02 on Friday. The stock has a fifty day simple moving average of $10.90 and a two-hundred day simple moving average of $12.86. Taylor Wimpey has a 12-month low of $9.79 and a 12-month high of $17.26.

Taylor Wimpey Company Profile

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.