Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Receives Average Recommendation of “Hold” from Brokerages

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) has been given an average recommendation of “Hold” by the six ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have commented on TWODY. Zacks Research lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Friday, January 2nd. Royal Bank Of Canada raised Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group raised Taylor Wimpey to a “hold” rating in a research note on Monday, November 24th.

Taylor Wimpey Stock Down 1.4%

Shares of Taylor Wimpey stock opened at $14.67 on Monday. The firm’s fifty day simple moving average is $14.15 and its 200-day simple moving average is $13.80. Taylor Wimpey has a 12 month low of $12.32 and a 12 month high of $17.26.

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.