Berenberg Bank restated their hold rating on shares of Persimmon (LON:PSN – Free Report) in a research note published on Wednesday morning, MarketBeat reports. Berenberg Bank currently has a GBX 1,300 target price on the stock.
Other analysts have also issued research reports about the company. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,750 target price on shares of Persimmon in a research report on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 1,330 price objective on shares of Persimmon in a report on Thursday, November 13th. Citigroup lifted their target price on Persimmon from GBX 1,613 to GBX 1,615 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft lowered shares of Persimmon to a “hold” rating and set a GBX 1,419 price objective for the company. in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group assumed coverage on shares of Persimmon in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 1,446 price target for the company. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,556.50.
Check Out Our Latest Report on PSN
Persimmon Stock Performance
Persimmon (LON:PSN – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 100.70 earnings per share (EPS) for the quarter. Persimmon had a net margin of 7.62% and a return on equity of 8.05%. On average, sell-side analysts anticipate that Persimmon will post 98.2810615 earnings per share for the current year.
Trending Headlines about Persimmon
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.
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.
