Taylor Wimpey plc (OTCMKTS:TWODF) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have received an average rating of “Reduce” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating on the company.

TWODF has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded Taylor Wimpey from a “neutral” rating to a “sell” rating in a research report on Tuesday, May 26th. Morgan Stanley restated an “underweight” rating on shares of Taylor Wimpey in a research note on Thursday, June 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Taylor Wimpey in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Taylor Wimpey in a research note on Tuesday, August 4th.

Taylor Wimpey Price Performance

Shares of TWODF stock opened at $1.11 on Thursday. The company’s 50 day moving average is $1.05 and its 200 day moving average is $1.16. Taylor Wimpey has a 52-week low of $0.95 and a 52-week 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.