Taylor Wimpey (OTCMKTS:TWODY) Downgraded by Zacks Research to "Strong Sell"

Key Points

• Taylor Wimpey has been downgraded by Zacks Research from a "hold" to a "strong sell" rating, reflecting concerns over its stock performance.
• Various other analysts have also revised their ratings, with Royal Bank of Canada downgrading to "hold" and Barclays to "strong sell," while Kepler Capital raised it to "strong buy."
• The company's stock currently trades at approximately $14.00, with a 52-week range of $12.32 to $21.78, indicating significant volatility.

Taylor Wimpey (OTCMKTS:TWODY - Get Free Report) was downgraded by equities researchers at Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Thursday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank Of Canada cut shares of Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 9th. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a research report on Wednesday, July 23rd. Barclays cut shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 6th. Finally, Peel Hunt raised shares of Taylor Wimpey to a "hold" rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold".

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at $14.00 on Thursday. The firm has a 50-day moving average of $13.52 and a 200-day moving average of $14.72. Taylor Wimpey has a 52-week low of $12.32 and a 52-week high of $21.78.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.

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