Royal Bank Of Canada restated their outperform rating on shares of Persimmon (LON:PSN – Free Report) in a research report report published on Wednesday morning, MarketBeat.com reports. The firm currently has a GBX 1,750 price objective on the stock.
Several other equities analysts have also commented on PSN. Peel Hunt reiterated a “buy” rating and set a GBX 1,330 price objective on shares of Persimmon in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft downgraded shares of Persimmon to a “hold” rating and set a GBX 1,419 price target on the stock. in a research note on Thursday, January 15th. JPMorgan Chase & Co. increased their target price on shares of Persimmon from GBX 1,520 to GBX 1,800 and gave the company an “overweight” rating in a report on Thursday, December 4th. The Goldman Sachs Group initiated coverage on shares of Persimmon in a research report on Monday, November 24th. They issued a “buy” rating and a GBX 1,446 target price on the stock. Finally, Jefferies Financial Group lifted their price objective on Persimmon from GBX 1,815 to GBX 1,819 and gave the stock a “buy” rating in a report on Monday, January 19th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,556.50.
Check Out Our Latest Research Report on PSN
Persimmon Stock Performance
Persimmon (LON:PSN – Get Free Report) last announced its earnings results on Tuesday, March 10th. The company reported GBX 100.70 earnings per share for the quarter. Persimmon had a net margin of 7.62% and a return on equity of 8.05%. As a group, equities analysts forecast that Persimmon will post 98.2810615 earnings per share for the current fiscal year.
Key Persimmon News
Here are the key news stories impacting Persimmon this week:
- Positive Sentiment: Quarterly results showed GBX 100.70 EPS with supporting slide deck and conference call materials — the underlying sales growth and profitability helped investor confidence. Earnings & Call
- Positive Sentiment: Management is targeting up to 12,500 home completions in 2026, signaling volume recovery and operational scale that supports revenue growth. Reuters: Completions Target
- Positive Sentiment: Multiple market write‑ups highlight strong sales growth, land investment and an improved 2026 outlook — these narrative pieces helped shares rally earlier in the week. Investing.com Analysis
- Neutral Sentiment: RBC reaffirmed an “outperform” rating with a GBX 1,750 price target — supportive but not a fresh upgrade. RBC Report
- Neutral Sentiment: Jefferies trimmed its price target modestly (GBX 1,819 to GBX 1,792) while keeping a “buy” rating — a small downward revision that signals slightly lower upside but retained conviction. Digital Look: Jefferies
- Neutral Sentiment: Berenberg reaffirmed a “hold” with a GBX 1,300 target, implying limited near‑term upside from some institutional investors’ perspectives. Digital Look: Berenberg
- Negative Sentiment: Although revenues and pretax profit rose, some coverage noted the profit missed consensus — that mixed earnings read (growth but some analyst misses) likely dampened momentum after an initial rally. WSJ: Profit Miss
About Persimmon
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4. Further, it offers concrete bricks and roof tile. Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.
Featured Stories
- Five stocks we like better than Persimmon
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- The Next Commodity Crunch (bigger than oil?)
- What a Former CIA Agent Knows About the Coming Collapse
- Nvidia CEO Issues Bold Tesla Call
Receive News & Ratings for Persimmon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon and related companies with MarketBeat.com's FREE daily email newsletter.
