Taylor Wimpey (OTCMKTS:TWODY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Taylor Wimpey (OTCMKTS:TWODY) from a strong sell rating to a hold rating in a research note released on Tuesday morning,Zacks reports.

A number of other research analysts have also issued reports on the company. UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a research report on Wednesday, September 9th. Zacks Research upgraded shares of Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Taylor Wimpey Trading Up 1.4%

Shares of TWODY opened at $10.82 on Tuesday. The firm has a fifty day moving average of $10.82 and a 200-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 current ratio of 4.99 and a quick ratio of 0.44.

About Taylor Wimpey

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.