Taylor Wimpey (OTCMKTS:TWODY) Lowered to “Strong Sell” Rating by The Goldman Sachs Group

The Goldman Sachs Group cut shares of Taylor Wimpey (OTCMKTS:TWODY) from a hold rating to a strong sell rating in a research note released on Tuesday,Zacks.com reports.

Separately, Rothschild & Co Redburn downgraded shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Taylor Wimpey Price Performance

Shares of TWODY stock opened at $10.91 on Tuesday. Taylor Wimpey has a 12-month low of $10.19 and a 12-month high of $17.26. The firm has a 50-day moving average price of $11.26 and a 200 day moving average price of $13.11.

Taylor Wimpey Company Profile

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.