Persimmon’s (PSN) “Hold” Rating Reiterated at Berenberg Bank

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

PSN has been the subject of a number of other reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,750 price target on shares of Persimmon in a research note on Wednesday. Jefferies Financial Group lowered their target price on Persimmon from GBX 1,819 to GBX 1,792 and set a “buy” rating for the company in a report on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 1,330 target price on shares of Persimmon in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft lowered Persimmon to a “hold” rating and set a GBX 1,419 price target on the stock. in a research note on Thursday, January 15th. Finally, 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 for the company. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Persimmon presently has an average rating of “Moderate Buy” and an average target price of GBX 1,556.50.

Persimmon Price Performance

Shares of Persimmon stock traded down GBX 10.50 during midday trading on Wednesday, hitting GBX 1,268.50. 2,500,939 shares of the company traded hands, compared to its average volume of 7,495,383. The firm’s fifty day moving average price is GBX 1,426.99 and its 200-day moving average price is GBX 1,285.38. The stock has a market cap of £4.07 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 0.83 and a beta of 1.32. Persimmon has a 12 month low of GBX 1,030.50 and a 12 month high of GBX 1,552. The company has a debt-to-equity ratio of 5.39, a quick ratio of 1.04 and a current ratio of 3.86.

Persimmon (LON:PSN) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 100.70 EPS for the quarter. Persimmon had a net margin of 7.57% and a return on equity of 7.33%. As a group, sell-side analysts forecast that Persimmon will post 98.2810615 earnings per share for the current year.

Key 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.