Jefferies Financial Group Cuts Persimmon (LON:PSN) Price Target to GBX 1,792

Persimmon (LON:PSN) had its price target dropped by stock analysts at Jefferies Financial Group from GBX 1,819 to GBX 1,792 in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 41.27% from the company’s current price.

PSN has been the subject of a number of other research reports. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,750 target price on shares of Persimmon in a report on Wednesday. Peel Hunt reiterated a “buy” rating and set a GBX 1,330 price target on shares of Persimmon in a research report on Thursday, November 13th. Citigroup increased their price objective on Persimmon from GBX 1,613 to GBX 1,615 and gave the company a “buy” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. lifted their target price on shares of Persimmon from GBX 1,520 to GBX 1,800 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Finally, The Goldman Sachs Group initiated coverage on shares of Persimmon in a report on Monday, November 24th. They set a “buy” rating and a GBX 1,446 target price for the company. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Persimmon has a consensus rating of “Moderate Buy” and an average target price of GBX 1,556.50.

Persimmon Price Performance

PSN 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 business has a 50 day simple moving average of GBX 1,426.99 and a two-hundred day simple moving average of GBX 1,285.38. Persimmon has a 52-week low of GBX 1,030.50 and a 52-week high of GBX 1,552. The company has a market capitalization of £4.07 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 0.83 and a beta of 1.32. 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 (LON:PSN) last released its earnings results 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%. On average, equities analysts forecast that Persimmon will post 98.2810615 earnings per share for the current fiscal 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

Persimmon Company Profile

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.