Taylor Wimpey plc (OTCMKTS:TWODF) Given Average Recommendation of “Reduce” by Analysts

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been assigned an average recommendation of “Reduce” from the four brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company.

A number of equities analysts have commented on TWODF shares. Barclays reiterated an “underweight” rating on shares of Taylor Wimpey in a report on Monday, February 23rd. Morgan Stanley downgraded shares of Taylor Wimpey from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd.

Taylor Wimpey Stock Down 3.6%

OTCMKTS:TWODF opened at $1.02 on Tuesday. Taylor Wimpey has a 1-year low of $1.02 and a 1-year high of $1.67. The company has a 50-day moving average of $1.17 and a 200 day moving average of $1.32.

About Taylor Wimpey

Taylor Wimpey plc (OTCMKTS:TWODF) is a leading UK-based residential developer engaged in the design, construction and sale of new homes. The company focuses on delivering high-quality housing schemes, including apartments, detached and semi-detached houses, and bungalows. Through its integrated approach, Taylor Wimpey manages land acquisition, planning approvals and on-site construction to bring forward sustainable communities.

The company offers a diverse range of product types, from first-time buyer homes to family residences and retirement living properties.