Taylor Wimpey (OTCMKTS:TWODF) Raised to Equal Weight at Morgan Stanley

Morgan Stanley upgraded shares of Taylor Wimpey (OTCMKTS:TWODF – Get Rating) from an underweight rating to an equal weight rating in a research report report published on Tuesday, The Fly reports.

A number of other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft cut their price target on Taylor Wimpey from GBX 186 ($2.30) to GBX 115 ($1.42) in a research note on Thursday, October 20th. JPMorgan Chase & Co. lowered Taylor Wimpey from an overweight rating to a neutral rating in a research note on Wednesday, December 14th. Bank of America lowered Taylor Wimpey from a buy rating to an underperform rating in a research note on Friday, November 25th. Finally, Barclays started coverage on Taylor Wimpey in a research note on Friday, December 2nd. They issued an overweight rating for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of $123.33.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at $1.37 on Tuesday. Taylor Wimpey has a one year low of $0.95 and a one year high of $2.17. The stock’s fifty day moving average is $1.27 and its 200 day moving average is $1.26.

About Taylor Wimpey

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Taylor Wimpey Plc operates as a residential developer. It engages in land acquisition, home and community design, urban regeneration and the development of supporting infrastructure. It operates through the United Kingdom and Housing Spain segments. The United Kingdom Housing segment builds houses in the UK, from one bedroom apartments to five bedroom houses.