Taylor Wimpey plc (OTCMKTS:TWODF) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Taylor Wimpey plc (OTCMKTS:TWODF) have been given a consensus recommendation of “Reduce” by the four research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating and one has given a buy rating to the company.

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group lowered shares of Taylor Wimpey from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 26th. Morgan Stanley reaffirmed an “underweight” rating on shares of Taylor Wimpey in a research note on Thursday, June 11th.

Taylor Wimpey Stock Up 1.9%

Shares of TWODF opened at $1.10 on Friday. The company’s 50 day moving average price is $1.04 and its 200 day moving average price is $1.21. Taylor Wimpey has a 52 week low of $0.95 and a 52 week high of $1.55.

Taylor Wimpey Company Profile

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.