Persimmon posts sharp drop in 1H profit
10th Aug 2023 07:22
(Sharecast News) - Persimmon said that it was on track to meet expectations for full-year profit, despite higher mortgage rates, the removal of Help-to-Buy and "significant" market uncertainty.
Read moreLondon pre-open: Futures edge higher as market awaits US inflation data
10th Aug 2023 07:04
(Sharecast News) - UK stocks were set to tick slightly higher on Thursday morning, though gains would likely be muted as the market awaits key inflation data from the US later on.
Read moreAbrdn poaches Persimmon CFO Jason Windsor
27th Jul 2023 10:55
(Sharecast News) - Fund manager Abrdn said on Thursday that it has appointed Jason Windsor as its new chief financial officer.
Read moreJPMorgan downgrades Persimmon, reiterates cautious stance on housebuilders
4th Jul 2023 09:57
(Sharecast News) - JPMorgan Cazenove downgraded Persimmon on Tuesday as it reiterated its cautious stance on the UK housebuilding sector.
Read moreBroker tips: Dunelm, Persimmon
4th Jul 2023 08:50
(Sharecast News) - Dunelm was under the cosh on Tuesday after RBC Capital Markets downgraded the homeware retailer to 'underperform' from 'sector perform' and slashed the price target to 1,000p from 1,300p.
Read moreUBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreBroker tips: Housebuilders, Dr Martens, REITS
12th Jun 2023 07:48
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreSector movers: Homebuilders pace losses after core CPI surprise
24th May 2023 17:07
(Sharecast News) - Homebuilders were at the bottom of the pile on Wednesday following the release of data showing an unexpected acceleration in core consumer prices.
Read moreBroker tips: Dunelm, Persimmon, RWS Holdings
28th Apr 2023 14:13
(Sharecast News) - Deutsche Bank initiated coverage of homeware retailer Dunelm on Friday with a 'buy' rating and 1,313p price target, arguing that the recent de-rating is a buying opportunity.
Read moreBerenberg lowers target price on Persimmon
28th Apr 2023 10:21
(Sharecast News) - Analysts at Berenberg lowered their target price on construction outfit Persimmon from 1,600.0p to 1,400.0p on Friday following the group's first quarter trading update a day earlier.
Read morePersimmon sees 2023 volumes towards top end of guidance
26th Apr 2023 07:56
(Sharecast News) - Persimmon posted a slump in first-quarter completions on Wednesday but said it expects full-year 2023 volumes to be towards the top end of guidance following an improvement in sales rates since the start of the year.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Read moreHSBC upgrades housebuilders, says market downturn more than priced in
13th Apr 2023 08:11
(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.
Read morePersimmon warns on profits
1st Mar 2023 07:02
(Sharecast News) - Persimmon warned on profits on Wednesday, after the housebuilder was knocked by the spike in mortgage rates.
Read morePersimmon warns on 2023 outlook as forward sales fall
12th Jan 2023 07:13
(Sharecast News) - UK Housebuilder Persimmon said forward sales had fallen by more than a third as customers deferred major purchase decisions amid the cost-of-living crisis, and warned the weaker economy would have an adverse impact on the outlook for 2023.
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