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

Taylor Wimpey plc (OTCMKTS:TWODF) has earned an average recommendation of “Reduce” from the six ratings firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts recently weighed in on TWODF shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Taylor Wimpey in a report on Tuesday, August 4th. The Goldman Sachs Group downgraded Taylor Wimpey from a “neutral” rating to a “sell” rating in a report on Tuesday, May 26th. Morgan Stanley reiterated an “underweight” rating on shares of Taylor Wimpey in a research report on Thursday, June 11th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Taylor Wimpey in a research note on Monday, August 3rd.

Taylor Wimpey Stock Performance

Shares of OTCMKTS TWODF opened at $1.11 on Thursday. The firm has a 50 day moving average price of $1.06 and a two-hundred day moving average price of $1.15. Taylor Wimpey has a 52-week low of $0.95 and a 52-week high of $1.55.

Taylor Wimpey Company Profile

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.