Persimmon (LON:PSN) Given Hold Rating at Berenberg Bank

Persimmon (LON:PSN)‘s stock had its “hold” rating reaffirmed by research analysts at Berenberg Bank in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 1,300 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 2.48% from the company’s current price.

PSN has been the subject of a number of other research reports. Peel Hunt reissued a “buy” rating and set a GBX 1,330 target price on shares of Persimmon in a research note on Thursday, November 13th. Citigroup increased their price target on Persimmon from GBX 1,613 to GBX 1,615 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,750 price objective on shares of Persimmon in a research report on Wednesday. The Goldman Sachs Group initiated coverage on Persimmon in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 1,446 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft lowered Persimmon to a “hold” rating and set a GBX 1,419 target price on the stock. in a research report on Thursday, January 15th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 1,556.50.

Persimmon Trading Down 0.8%

LON:PSN traded down GBX 10.50 on Wednesday, reaching GBX 1,268.50. 2,500,939 shares of the stock traded hands, compared to its average volume of 7,495,383. The company has a current ratio of 3.86, a quick ratio of 1.04 and a debt-to-equity ratio of 5.39. Persimmon has a 1-year low of GBX 1,030.50 and a 1-year high of GBX 1,552. The company’s 50 day moving average is GBX 1,426.99 and its 200-day moving average is GBX 1,285.38. The firm has a market capitalization of £4.07 billion, a price-to-earnings ratio of 16.00, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32.

Persimmon (LON:PSN) last issued 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 7.57% and a return on equity of 7.33%. Equities research analysts anticipate that Persimmon will post 98.2810615 EPS for the current fiscal year.

More Persimmon News

Here are the key news stories impacting Persimmon this week:

• Positive Sentiment: Management flagged a stronger outlook and operational “double boost” (higher sales/reservations and cost control), which triggered the share surge earlier in the session. Persimmon’s share price surges 7% on double boost
• Positive Sentiment: Persimmon reiterated growth plans, targeting up to 12,500 home completions in 2026 — an operational ramp that supports revenue visibility and investor confidence. UK’s Persimmon targets up to 12,500 home completions in 2026
• Positive Sentiment: Analysts and coverage point to strong sales growth and increased land investment supporting a housing recovery narrative — a positive structural indicator for future margin and volume recovery. Persimmon: Strong Sales Growth and Land Investment Support Housing Recovery
• Positive Sentiment: Independent coverage highlights effective cost control and rising reservation rates, which underpin near‑term profitability improvements and reduce execution risk. Persimmon keeps a lid on costs, while boosting reservation rates
• Neutral Sentiment: Quarterly results showed reported EPS of GBX 100.70, net margin ~7.6% and ROE ~7.3%; management provided a slide deck and conference call for details — useful for modelling but not a surprise driver by itself. Persimmon earnings and conference call
• Neutral Sentiment: Market roundups (UK market coverage) cited Persimmon among movers today — helpful context for flow-driven trading but not new company-specific information. UK Stock Market News: Persimmon, Spirax, Domino’s Pizza
• Negative Sentiment: Despite higher revenue and pretax profit, Persimmon’s results slightly missed consensus on some metrics per coverage — a reminder that while the outlook is positive, expectations remain high and could cap further upside until delivery is proven. Persimmon pretax profit rises but misses consensus

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.