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

Taylor Wimpey plc (OTCMKTS:TWODF) has earned a consensus recommendation of “Reduce” from the four ratings firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation and one has issued a buy recommendation on the company.

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

Taylor Wimpey Price Performance

TWODF opened at $1.06 on Wednesday. The stock’s 50 day moving average price is $1.05 and its two-hundred day moving average price is $1.24. Taylor Wimpey has a 12-month low of $0.95 and a 12-month high of $1.55.

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.