Home Builders and Manufactured Buildings

Persimmon Plc

Persimmon Submits Plan for 158 Housing Units Near Hucknall

Persimmon plc collaborates with Ecofill to improve surplus soil management in residential developments

Persimmon Plc (LON:PSN) has experienced significant share price fluctuations, reaching highs of UK£15.44 and lows of UK£10.27. Currently trading at UK£10.61, the stock's price-to-earnings ratio of 11.92x is slightly above the industry average of 11.32x, suggesting a reasonable valuation. With expected profit growth of 40% in the coming years, the outlook appears positive. However, potential investors may want to consider the company's financial strength and market volatility before making a purchase, as future price drops could present better buying opportunities.

Simplywall

When Should You Buy Persimmon Plc (LON:PSN)?

Morgan Stanley analyst Peter Ajose-Adeogun has maintained a Sell rating on Taylor Wimpey (TW) with a price target of p75.00. Despite the analyst's average return of -8.5% and a 30.77% success rate, the consensus on Taylor Wimpey is a Hold, with an average price target of p103.20. Ajose-Adeogun also covers other stocks in the Consumer Cyclical sector, including Vistry Group and Persimmon.

Tip Ranks

Vistry Group PLC

Morgan Stanley Remains a Sell on Taylor Wimpey (TW)

Persimmon has announced the issuance of 54,294 new ordinary shares to fulfill employee performance awards under its 2017 Performance Share Plan. This brings the total shares to 321,173,487, resulting in slight dilution for existing shareholders. The shares were admitted to trading without a new prospectus, indicating a routine capital market operation. Analysts rate Persimmon stock as a Buy with a £1591.00 price target, though concerns about cash flow and profitability persist, leading to a Neutral rating from TipRanks’ AI Analyst.

Persimmon Adds Shares to Cover Employee Performance Awards

BDEV

Persimmon, a leading UK housebuilder, has raised concerns about rising building costs due to inflation linked to the Iran war, which may affect its finances in the latter half of 2026. Despite a slight softening in home inquiries, net sales per week are up 3% from last year. The company is working to mitigate supply chain inflation driven by higher energy costs. Other housebuilders, like Taylor Wimpey and Barratt Redrow, are also adjusting their expectations and spending due to economic uncertainties stemming from the conflict.

cityam

Redrow plc

Taylor Wimpey plc

Barratt Developments PLC

Berkeley Group Holdings plc

Persimmon: Housebuilder sounds alarm over building cost inflation

Persimmon Plc (OTCMKTS:PSMMY) has reached a new 52-week low of $27.51, closing at $28.20 with a trading volume of 19,228 shares. Despite this decline, analysts maintain a consensus "Buy" rating, with Morgan Stanley and Citigroup reaffirming their positive outlook. The company's 50-day and 200-day moving averages are $32.87 and $34.68, respectively. Persimmon is a leading UK residential property developer, offering a range of homes and after-sales services. However, it is not among the top stock recommendations by analysts at this time.

Market Beat

Morgan Stanley

Citigroup

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Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low  - Here's Why

Persimmon's share price has dropped significantly this year, falling to 1,075p from a high of 1,550p, influenced by a weak trading statement from competitor Taylor Wimpey. The housing market faces challenges due to high mortgage rates and rising costs linked to the Iran conflict. UK inflation remains elevated, impacting the Bank of England's interest rate decisions. Despite selling 11,905 houses last year, the outlook is cautious, with potential further declines in share price expected, possibly reaching 1,000p or lower if support levels break.

Invezz

Persimmon share price at risk as key challenges converge

Persimmon Plc (OTCMKTS:PSMMY) has received a consensus recommendation of "Buy" from five analysts covering the stock, with four rating it as a buy and one as a strong buy. Morgan Stanley and Citigroup have both restated their positive ratings. The stock opened at $30.17, with a 12-month range of $27.82 to $41.84. Persimmon is a leading UK residential property developer, offering a range of homes and customer support services.

Persimmon Plc (OTCMKTS:PSMMY) Receives Average Recommendation of "Buy" from Analysts

RBC Capital has maintained a Buy rating for Persimmon (PSN) with a price target of p1,350.00, while the shares closed at p1,093.00. Analyst Anthony Codling, a 4-star analyst, has an average return of 6.9% and a 59.17% success rate. The consensus on Persimmon is a Moderate Buy with an average price target of p1,554.50, indicating a 42.22% upside. TipRanks also upgraded the stock to a Buy with a p1,191.00 price target.

RBC Capital Sticks to Its Buy Rating for Persimmon (PSN)

Persimmon grants new performance share awards to top executives

Persimmon grants new performance share awards to top executives

Persimmon Plc(PSN.UK)

When Should You Buy Persimmon Plc (LON:PSN)?

Morgan Stanley Remains a Sell on Taylor Wimpey (TW)

Persimmon Adds Shares to Cover Employee Performance Awards

Persimmon: Housebuilder sounds alarm over building cost inflation

Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low - Here's Why