The Goldman Sachs Group Upgrades Taylor Wimpey (OTCMKTS:TWODY) to “Hold”

Taylor Wimpey (OTCMKTS:TWODY) was upgraded by The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Several other equities analysts have also recently weighed in on TWODY. Zacks Research raised Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. UBS Group raised shares of Taylor Wimpey to a “strong sell” rating in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Taylor Wimpey Stock Up 1.4%

Shares of Taylor Wimpey stock opened at $10.82 on Tuesday. The stock has a 50-day moving average price of $10.82 and a 200 day moving average price of $10.86. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.99 and a quick ratio of 0.44. Taylor Wimpey has a 1 year low of $9.57 and a 1 year high of $16.00.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer and housebuilder headquartered in the United Kingdom. The company acquires land, secures planning approvals and designs, constructs and sells homes for private buyers, while also working with housing associations and other organizations to deliver affordable housing.

The company operates primarily in the United Kingdom, where it builds a range of properties from apartments and starter homes to larger family houses. Its activities also include land development, infrastructure work and the management of large-scale residential communities.