Taylor Wimpey (OTCMKTS:TWODF) Shares Climb 1.8% – Here’s What Happened

Taylor Wimpey plc (OTCMKTS:TWODF)’s stock price was up 1.8% during trading on Monday. The stock traded as high as $1.04 and last traded at $1.04. Approximately 3,000 shares were traded during trading, a decline of 78% from the average daily volume of 13,364 shares. The stock had previously closed at $1.0220.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TWODF. Morgan Stanley restated an “underweight” rating on shares of Taylor Wimpey in a report on Thursday, June 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Taylor Wimpey in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, August 4th. Finally, UBS Group began coverage on Taylor Wimpey in a research note on Wednesday, September 9th. They issued a “sell” rating on the stock. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Taylor Wimpey Stock Performance

The firm’s fifty day simple moving average is $1.06 and its 200 day simple moving average is $1.07.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable housing providers. Its activities include land acquisition, planning, site development and construction, with homes ranging from apartments to family houses. The company also provides related infrastructure and community amenities as part of larger residential developments.

The company operates primarily in the United Kingdom, serving markets across England, Scotland and Wales, and has also maintained a residential development business in Spain.