Taylor Wimpey (OTCMKTS:TWODY) Hits New 52-Week Low – Here’s What Happened

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) hit a new 52-week low during trading on Monday . The stock traded as low as $10.11 and last traded at $10.11, with a volume of 2299 shares. The stock had previously closed at $10.2250.

Analysts Set New Price Targets

TWODY has been the topic of several recent analyst reports. The Goldman Sachs Group cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 26th. Rothschild & Co Redburn lowered Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Down 2.2%

The firm has a fifty day moving average price of $11.05 and a 200 day moving average price of $12.96.

About Taylor Wimpey

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.