Persimmon (LON:PSN) Sets New 1-Year Low – Here’s What Happened

Persimmon Plc (LON:PSNGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 1,027 and last traded at GBX 1,027, with a volume of 9804601 shares. The stock had previously closed at GBX 1,074.

Trending Headlines about Persimmon

Here are the key news stories impacting Persimmon this week:

  • Positive Sentiment: Multiple broker buy ratings and high price targets — Panmure Gordon reaffirmed a “buy” with a GBX 1,694 target, and Jefferies has also reiterated a “buy” stance (GBX 1,591 target). These endorsements increase visible upside vs. the current share price and can support demand for the stock. Panmure Gordon reaffirms ‘buy’ with GBX 1,694 PT
  • Positive Sentiment: Operational update: Persimmon reports a strong start to 2026 with rising forward sales — this signals healthy demand and revenue visibility in the near term, which supports earnings prospects. Persimmon reports strong start to 2026 with rising forward sales
  • Neutral Sentiment: Corporate housekeeping: Persimmon confirmed total voting rights of just over 321 million shares as of 30 April 2026 — routine disclosure with no direct financial impact, but useful for share count/float clarity. Persimmon Confirms Total Voting Rights at Over 321 Million Shares
  • Neutral Sentiment: Retail investor/feature piece on past returns — a Yahoo piece showing hypothetical returns from a five‑year investment can influence sentiment among private investors but has limited immediate impact on fundamentals. £7,775 invested in Persimmon shares 5 years ago is now worth…
  • Negative Sentiment: Rising supply costs from energy price surge — reports that higher energy-driven supplier costs are pushing up input prices for UK homebuilders create margin pressure risk; this is a near-term cost headwind to monitor alongside sales strength. UK homebuilder Persimmon sees rising supply costs from energy price surge

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Berenberg Bank reissued a “hold” rating and set a GBX 1,300 target price on shares of Persimmon in a research note on Wednesday, March 11th. Bank of America decreased their target price on Persimmon from GBX 1,600 to GBX 1,300 and set a “buy” rating on the stock in a research note on Monday, March 30th. Panmure Gordon reissued a “buy” rating and set a GBX 1,694 target price on shares of Persimmon in a research note on Friday. Citigroup increased their target price on Persimmon from GBX 1,613 to GBX 1,615 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft lowered Persimmon to a “hold” rating and set a GBX 1,419 target price on the stock. in a research note on Thursday, January 15th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Persimmon has an average rating of “Moderate Buy” and a consensus target price of GBX 1,524.50.

Read Our Latest Report on PSN

Persimmon Price Performance

The company has a current ratio of 3.99, a quick ratio of 1.04 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of £3.39 billion, a PE ratio of 11.98, a P/E/G ratio of 0.83 and a beta of 1.45. The company has a fifty day moving average price of GBX 1,207.80 and a two-hundred day moving average price of GBX 1,288.72.

Persimmon (LON:PSNGet Free Report) last posted its earnings results on Tuesday, March 10th. The company reported GBX 100.70 earnings per share for the quarter. Persimmon had a return on equity of 8.05% and a net margin of 7.62%. Sell-side analysts forecast that Persimmon Plc will post 98.2810615 earnings per share for the current year.

Persimmon Company Profile

(Get Free Report)

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.

Further Reading

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