Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Up - Here's Why

Key Points

• Taylor Wimpey shares opened at $14.06 on Monday, up from a previous close of $13.32, with a last traded price of $13.64.
• Analysts have mixed opinions on the stock, with one strong buy, two holds, and one sell rating, resulting in an average rating of "Hold".
• The company's 50-day moving average is $13.55, while its 200-day moving average stands at $14.79.

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $13.32, but opened at $14.06. Taylor Wimpey shares last traded at $13.64, with a volume of 4,880 shares.

Analysts Set New Price Targets

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

Taylor Wimpey Stock Performance

The business has a fifty day moving average of $13.55 and a 200-day moving average of $14.79.

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.

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