Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Up – Still a Buy?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $10.3150, but opened at $10.81. Taylor Wimpey shares last traded at $10.7450, with a volume of 430 shares traded.

Analyst Upgrades and Downgrades

TWODY has been the topic of several recent analyst reports. UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. The Goldman Sachs Group cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Read Our Latest Stock Report on TWODY

Taylor Wimpey Stock Performance

The business’s fifty day moving average price is $11.12 and its 200-day moving average price is $11.19.

Taylor Wimpey Company Profile

(Get Free Report)

Taylor Wimpey plc (OTCMKTS:TWODY) is a residential property developer headquartered in the United Kingdom. The company acquires land, secures planning approvals, and designs, builds and sells new homes for private buyers and affordable-housing providers. Its developments typically include houses and apartments in a range of sizes and price points, supported by related infrastructure and community facilities.

The company operates primarily in England, Scotland and Wales, as well as in Spain through its Taylor Wimpey España business.

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