Taylor Wimpey (OTCMKTS:TWODY) Cut to "Strong Sell" at Barclays

Key Points

• Taylor Wimpey has been downgraded from a "hold" rating to a "strong sell" by analysts at Barclays, signaling concerns about the company's future performance.
• Contrasting views were noted as Kepler Capital Markets assigned a "strong-buy" rating to Taylor Wimpey just days earlier, illustrating a divide in analyst sentiment.
• The stock opened at $13.50, with notable changes in its moving averages and a 52-week range indicating volatility in its market performance.

Barclays lowered shares of Taylor Wimpey (OTCMKTS:TWODY - Free Report) from a hold rating to a strong sell rating in a report published on Wednesday morning,Zacks.com reports.

A number of other brokerages also recently weighed in on TWODY. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada downgraded shares of Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, July 9th.

Taylor Wimpey Price Performance

OTCMKTS:TWODY traded up $0.08 on Wednesday, reaching $13.53. The stock had a trading volume of 53,285 shares, compared to its average volume of 45,489. Taylor Wimpey has a 1-year low of $13.05 and a 1-year high of $23.56. The stock has a fifty day moving average price of $15.42 and a 200-day moving average price of $15.09.

Taylor Wimpey Company Profile

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.