Rothschild & Co Redburn Downgrades Taylor Wimpey (OTCMKTS:TWODY) to Hold

Taylor Wimpey (OTCMKTS:TWODYGet Free Report) was downgraded by equities researchers at Rothschild & Co Redburn from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Taylor Wimpey Stock Performance

Shares of TWODY opened at $10.35 on Monday. The business’s fifty day moving average price is $11.57 and its 200 day moving average price is $13.26. Taylor Wimpey has a 12-month low of $10.19 and a 12-month high of $17.26.

Taylor Wimpey Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Taylor Wimpey (OTCMKTS:TWODY)

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