Persimmon to start reopening sites from April 27

24th Apr 2020 07:01

(Sharecast News) - House builder Persimmon said it would start a phased re-opening of its construction sites from April 27 as the industry looked to emerge from the coronavirus pandemic lockdown.

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FTSE 250 movers: Hyve Group gains after pulling dividend, founder switches out of Dixons Carphone

8th Apr 2020 14:50

(Sharecast News) - London's second-tier index was trading firmly higher on Wednesday afternoon, outperforming peers on the Continent by a wide margin.

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JP Morgan cuts forecasts across housebuilding sector, downgrades Redrow

31st Mar 2020 11:32

(Sharecast News) - JP Morgan has reduced its forecasts for the UK housebuilding sector, including cutting its rating on Redrow and Taylor Wimpey.

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UK govt accused of 'negligence' for allowing building sites to open

25th Mar 2020 11:17

(Sharecast News) - Unions accused the government of negligence for allowing building sites to remain open during the lockdown and called for the coronavirus wage bailout to be extended to self-employed construction workers.

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Persimmon begins orderly site shutdowns, cancels dividend

25th Mar 2020 07:33

(Sharecast News) - Persimmon has begun the orderly shutdown of its construction sites and closed all of its sales sites, the housebuilder said on Wednesday, as it announced the cancellation of its dividend due to the coronavirus outbreak.

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Persimmon begins orderly shutdown of sites, cancel dividend

25th Mar 2020 07:33

(Sharecast News) - Persimmon has begun the orderly shutdown of its construction sites and closed all of its sales sites, the housebuilder said on Wednesday, as it announced the cancellation of its dividend due to the coronavirus outbreak.

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Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

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Housebuilders are too cheap, Jefferies says

19th Mar 2020 10:18

(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.

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UK house prices surge post-election, but Covid-19 dampens outlook

16th Mar 2020 10:40

(Sharecast News) - House prices hit a fresh high in February, data published on Monday showed, as consumer confidence improved following last year's decisive general election.

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UK construction booms as Brexit turmoil eases, housebuilders rally

3rd Mar 2020 10:58

(Sharecast News) - The British construction sector rallied last month, as Brexit-related political and economic uncertainty eased and new orders surged, a widely-watched survey published on Tuesday showed.

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Friday broker round-up

28th Feb 2020 13:28

(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.

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Housebuilders fall as watchdog announces lease action

28th Feb 2020 09:09

(Sharecast News) - Housebuilders's share prices fell after the competition regulator said it would take action against companies that tie home buyers into onerous leases that make properties unsellable.

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Persimmon CEO to step down as FY profits slip

27th Feb 2020 08:59

(Sharecast News) - Housebuilder Persimmon posted lower full-year profits on Thursday and announced that chief executive David Jenkinson was stepping down after 15 months in the role.

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'Brexit is done but UK equities are not,' says Jefferies

10th Feb 2020 14:40

(Sharecast News) - Analysts at Jefferies sounded a 'bullish' note on UK equities, telling clients that "Brexit is done but UK equities are not".

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Wednesday broker round-up

5th Feb 2020 13:17

(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.

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