Taylor Wimpey plc (OTCMKTS:TWODF) Stock Rated “Reduce” by Wall Street Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been assigned a consensus rating of “Reduce” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company.

Several research analysts have recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating on shares of Taylor Wimpey in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Taylor Wimpey in a report on Tuesday, August 4th. The Goldman Sachs Group upgraded Taylor Wimpey from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 20th. Finally, UBS Group initiated coverage on Taylor Wimpey in a research report on Wednesday, September 9th. They set a “sell” rating on the stock.

Taylor Wimpey Stock Performance

TWODF stock opened at $1.07 on Tuesday. The firm has a 50-day moving average of $1.05 and a two-hundred day moving average of $1.14. Taylor Wimpey has a 12 month low of $0.95 and a 12 month high of $1.55.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer headquartered in the United Kingdom. The company acquires land, secures planning approvals, designs and constructs new homes, and sells properties to individual buyers and other customers. Its developments include a range of houses and apartments aimed at first-time buyers, families, and other homebuyers.

The company operates primarily in the United Kingdom, with activities spanning England, Scotland and Wales, and also has a residential development business in Spain.