Persimmon (LON:PSN – Free Report) had its target price trimmed by Jefferies Financial Group from GBX 1,819 to GBX 1,792 in a research note issued to investors on Wednesday morning, MarketBeat reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also recently commented on PSN. JPMorgan Chase & Co. lifted their price target on shares of Persimmon from GBX 1,520 to GBX 1,800 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. The Goldman Sachs Group began coverage on Persimmon in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 1,446 target price on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,750 target price on shares of Persimmon in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut shares of Persimmon to a “hold” rating and set a GBX 1,419 price target on the stock. in a report on Thursday, January 15th. Finally, Citigroup lifted their price objective on shares of Persimmon from GBX 1,613 to GBX 1,615 and gave the company a “buy” rating in a report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,556.50.
Check Out Our Latest Research Report on PSN
Persimmon Stock Performance
Persimmon (LON:PSN – Get Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 100.70 earnings per share (EPS) for the quarter. Persimmon had a return on equity of 8.05% and a net margin of 7.62%. As a group, research analysts expect that Persimmon will post 98.2810615 EPS for the current year.
Persimmon News Summary
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
Persimmon Company Profile
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.
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