Taylor Wimpey stock rating downgraded by RBC Capital on site growth concerns

Published 09/07/2025, 09:22
Taylor Wimpey stock rating downgraded by RBC Capital on site growth concerns

Investing.com - RBC Capital downgraded Taylor Wimpey Plc. (LSE:LON:TW) (OTC:TWODF) from Outperform to Sector Perform, while reducing its price target to GBP1.35 from GBP1.50.

The downgrade comes despite RBC Capital maintaining a positive long-term outlook on the British homebuilder, citing its "very strong strategic landbank" and infrastructure capable of supporting significantly higher volumes.

RBC Capital identified opening new sites as Taylor Wimpey’s main challenge, suggesting this issue will "hamper Taylor Wimpey’s efforts to reach its full potential" in the near term.

The firm noted that while the new National Planning Policy Framework (NPPF) theoretically provides what Taylor Wimpey needs to achieve its growth goals, implementation depends on cooperation from local authority planning departments.

RBC Capital concluded that until local authorities "start dancing to the new NPPF tune," Taylor Wimpey’s growth prospects may be constrained despite its strong fundamentals.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.