Taylor Wimpey plc (OTCMKTS:TWODF) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been given a consensus rating of “Reduce” by the seven brokerages that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating on the company.

TWODF has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Taylor Wimpey in a research note on Monday, August 3rd. UBS Group started coverage on Taylor Wimpey in a research report on Wednesday, September 9th. They set a “sell” rating on the stock. Morgan Stanley reiterated an “underweight” rating on shares of Taylor Wimpey in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, August 4th. Finally, The Goldman Sachs Group lowered shares of Taylor Wimpey from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 26th.

Taylor Wimpey Price Performance

Shares of OTCMKTS TWODF opened at $1.02 on Monday. Taylor Wimpey has a twelve month low of $0.95 and a twelve month high of $1.55. The stock has a fifty day simple moving average of $1.06 and a 200-day simple moving average of $1.10.

Taylor Wimpey Company Profile

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.