Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Up – Here’s Why

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) shares gapped up before the market opened on Monday . The stock had previously closed at $13.32, but opened at $14.06. Taylor Wimpey shares last traded at $13.64, with a volume of 4,880 shares traded.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TWODY shares. Kepler Capital Markets upgraded Taylor Wimpey to a “strong-buy” rating in a research report on Wednesday, July 23rd. Barclays lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 6th. Royal Bank Of Canada lowered Taylor Wimpey from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 9th. Finally, Peel Hunt upgraded Taylor Wimpey to a “hold” rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Taylor Wimpey currently has a consensus rating of “Hold”.

Taylor Wimpey Stock Performance

The firm’s 50 day moving average price is $13.55 and its two-hundred day moving average price is $14.79.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.