Rothschild & Co Redburn lowered shares of Taylor Wimpey (OTCMKTS:TWODY – Free Report) from a strong-buy rating to a hold rating in a research report released on Monday morning,Zacks.com reports.
Taylor Wimpey Stock Up 0.4%
Shares of TWODY opened at $10.35 on Monday. Taylor Wimpey has a 1 year low of $10.19 and a 1 year high of $17.26. The business’s 50 day simple moving average is $11.57 and its 200-day simple moving average is $13.26.
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.
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