Taylor Wimpey upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital upgraded Taylor Wimpey (TWODF) to Outperform from Sector Perform with a price target of 150 GBp, up from 130 GBp. The firm adjusted ratings in the UK housebuilders group as part of a 2026 outlook. With “little support” from the Budget and Royal Assent for the Infrastructure Bill, RBC prefers the “self-help and strategic land stories.”