Taylor Wimpey plc (OTCMKTS:TWODF) Receives Average Rating of “Reduce” from Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been assigned a consensus recommendation of “Reduce” from the four research firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating and one has assigned a buy rating to the company.

A number of analysts have recently weighed in on TWODF shares. The Goldman Sachs Group lowered Taylor Wimpey from a “neutral” rating to a “sell” rating in a research report on Tuesday, May 26th. Morgan Stanley reaffirmed an “underweight” rating on shares of Taylor Wimpey in a research report on Thursday, June 11th.

Taylor Wimpey Stock Up 4.9%

Taylor Wimpey stock opened at $1.07 on Wednesday. Taylor Wimpey has a twelve month low of $0.95 and a twelve month high of $1.64. The stock’s fifty day simple moving average is $1.06 and its 200-day simple moving average is $1.25.

About Taylor Wimpey

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.