No 'starter' homes built under Tory 2015 election pledge - NAO
5th Nov 2019 08:41
(Sharecast News) - The Conservatives have failed to build a single "starter" home despite a 2015 manifesto pledge target of 200,000, the government's spending watchdog said on Tuesday.
Read moreUK house price growth hits a six-year low in September
7th Oct 2019 09:54
(Sharecast News) - House prices grew at their slowest pace since April 2013 last month, in keeping with the predominantly flat trend seen over recent months.
Read morePersimmon rallies on Jefferies upgrade
27th Sep 2019 07:45
(Sharecast News) - Persimmon got a boost on Friday after Jefferies upgraded its stance on shares of the housebuilder to 'buy' from 'hold' and said it was now among its preferred picks in the sector, along with Berkeley and Countryside Properties.
Read moreWednesday broker round-up
4th Sep 2019 13:08
(Sharecast News) - Barratt Developments: Peel Hunt downgraded to hold with a target price of 650p.
Read moreThursday broker round-up
29th Aug 2019 12:24
(Sharecast News) - Persimmon: Berenberg upgrades to buy with a target price of 2,490p.
Read moreThursday broker round-up
22nd Aug 2019 13:27
(Sharecast News) - Tritax Big Box Reit: Barclays downgrades to underweight with a target price of 130p.
Read moreBerenberg raises target price on Persimmon as group works on 'image problem'
22nd Aug 2019 11:29
(Sharecast News) - Analysts at Berenberg raised their price target on British housebuilder Persimmon slightly, from 2,470p to 2,490p, on Wednesday, crediting the group for continuing to work hard to improve its "image problem".
Read moreTuesday broker round-up
20th Aug 2019 12:26
(Sharecast News) - Royal Dutch Shell: Barclays downgrades to equal weight with a target price of 3,100p.
Read morePersimmon profits drop as housebuilder focuses on quality
20th Aug 2019 07:16
(Sharecast News) - Persimmon on Tuesday reported drops in interim revenues and profit, though this was in line with expectations as the company focused more on improving the quality of its properties and the service delivered to its customers.
Read moreHousebuilders rally as Boris Johnson said to consider slashing stamp duty
28th Jun 2019 10:32
(Sharecast News) - London-listed housebuilders saw their shares rally on Friday as Tory leadership frontrunner Boris Johnson was said to be planning to slash stamp duty in the event of a no-deal Brexit budget.
Read moreHousebuilders face competition probe over leases
17th May 2019 08:18
(Sharecast News) - The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.
Read morePersimmon homes found with 'fire safety issues' - report
1st May 2019 08:54
(Sharecast News) - Houses developed by Persimmon have potentially dangerous fire safety issues, according to a BBC report on Wednesday.
Read morePersimmon forward sales revenue falls on lower reservations
1st May 2019 07:19
(Sharecast News) - House builder Persimmon said forward sales revenue fell to £2.7bn from £2.8bn on the back of lower reservations in the year to date, adding that building costs would rise by 4%.
Read moreWednesday preview: US FOMC, Persimmon in the spotlight
30th Apr 2019 15:43
(Sharecast News) - Barring surprises, investors' attention will be squarely on the US central bank, with markets looking for clues as to whether rate-setters on the Potomac are buying into current market pricing for a possible rate cut towards year end 2019 or not.
Read moreShore Capital slashes UK house builders amid 'weak' pricing
25th Apr 2019 11:06
(Sharecast News) - Analysts at Shore Capital slashed their ratings of UK house builders on Wednesday, cutting Barratt, Bovis and Taylor Wimpey from 'buy' to 'sell' and Bellway, Berkeley, Crest Nicholson, Persimmon and Redrow from 'buy' to 'hold'.
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