Persimmon named top housebuilder pick as government homebuyer scheme promises boost
Panmure Liberum, the City broker, named Persimmon PLC (LSE:PSN), the York-based housebuilder, as its top sector pick on Friday, reiterating its 'buy' rating and 1,694p price target. The broker expects the government's Your First Home initiative, which would provide financial support to buyers of new-build homes, to increase completions, although many details remain undecided.
Panmure Liberum sees Persimmon and MJ Gleeson benefiting from first-time buyer scheme
Persimmon PLC (LSE:PSN) and MJ Gleeson (LSE:GLE) PLC could be among the main beneficiaries of the government's proposed Your First Home scheme, according to Panmure Liberum. The policy, which is described as a younger sibling of Help to Buy, appears designed to support first-time buyers on modest incomes purchasing more modestly priced new-build homes.
Barratt Redrow and Persimmon surge as new buyer scheme revives housebuilder hopes
UK housebuilders surged on Monday after the government confirmed plans for a new equity-loan programme intended to bring first-time buyers into the new-build market and stimulate residential construction. Barratt Redrow PLC (LSE:BTRW) jumped around 14% to 353p, while Persimmon PLC (LSE:PSN) climbed more than 15% to 1,332p.
PSMMY or NVR: Which Is the Better Value Stock Right Now?
Investors interested in Building Products - Home Builders stocks are likely familiar with Persimmon Plc (PSMMY) and NVR (NVR). But which of these two stocks presents investors with the better value opportunity right now?
Persimmon and Barratt Redrow are UBS top picks as housebuilders await recovery
Persimmon PLC (LSE:PSN) and Barratt Redrow PLC (LSE:BTRW) have emerged as UBS's preferred UK housebuilders, with the investment bank arguing that investors should remain selective as elevated mortgage rates and construction costs delay a broader recovery. UBS initiated coverage of Persimmon with a ‘buy' rating and £13.25 price target and reiterated its ‘buy' recommendation on Barratt Redrow with a £3.70 target.
Persimmon upgraded as broker says the stock remains cheap despite earnings headwinds
Deutsche Bank has upgraded Persimmon PLC (LSE:PSN) to 'buy' from 'hold', arguing that share price weakness has left the housebuilder too cheap despite a run of forecast downgrades. Chris Millington nudged his target price down to 1,403p from 1,419p, still implying about 20% upside from the last close of 1,166.5p.
Persimmon Plc (PSMMY) Q2 2026 Earnings Call Transcript
Persimmon Plc (PSMMY) Q2 2026 Earnings Call Transcript
Persimmon keeps dividend flat as market set to 'remain challenging' into next year
Persimmon PLC (LSE:PSN) kept its dividend flat as it reported double-digit growth in first-half profits and completions but flagged signs of softer demand in the second half. The FTSE 100 housebuilder posted interim results showing underlying operating profit rose 10% to £189.1 million, although the margin narrowed by 30 basis points to 12.8%.
Persimmon faces margin squeeze from two sides, warns Citi
Persimmon PLC's (LSE:PSN) current calendar year looks increasingly secure, but Citi believes the bigger issue for investors is whether margins come under pressure in 2027. The US investment bank said the FTSE 100 housebuilder started the year strongly, with sales volumes tracking guidance and more than half of its private home completions already secured, per its last update in April.
PSMMY vs. NVR: Which Stock Is the Better Value Option?
Investors interested in stocks from the Building Products - Home Builders sector have probably already heard of Persimmon Plc (PSMMY) and NVR (NVR). But which of these two stocks offers value investors a better bang for their buck right now?
Persimmon named JP Morgan's top pick as Taylor Wimpey and Vistry cut to 'underweight'
Persimmon PLC (LSE:PSN) shares rose 4% on Monday after JP Morgan named the housebuilder as its preferred stock in the sector while downgrading Taylor Wimpey PLC (LSE:TW.) and Vistry Group PLC (LSE:VTY) to 'underweight', as rising mortgage rates and build cost inflation force the bank to cut its 2027 earnings forecasts by an average of 20%.
Should Value Investors Buy Persimmon (PSMMY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
