Jefferies downgrades Persimmon, upgrades Bellway
5th Dec 2022 09:20
(Sharecast News) - Jefferies downgraded Persimmon and Watkin Jones on Monday but upgraded Bellway as it took a look at UK housebuilders.
Read moreUBS downgrades Persimmon to 'sell'
28th Nov 2022 13:13
(Sharecast News) - Persimmon slumped on Monday as UBS downgraded its stance on the housebuilder to 'sell' from 'neutral' and cut the price target to 1,230p from 1,290p as it cited the further risk of a de-rating.
Read moreHousing market slows in wake of mini budget
28th Nov 2022 10:08
(Sharecast News) - House price inflation slowed last month, an industry survey showed on Monday, as demand slumped following the mini-budget and homeowners cut asking prices to secure sales.
Read moreBerenberg remains 'cautious' on UK housebuilders
25th Nov 2022 07:22
(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Read morePersimmon warns of demand slowdown as mortgage rates rise
8th Nov 2022 07:04
(Sharecast News) - UK housebuilder Persimmon warned of a hit to margins due to weaker demand as the cost-of-living crisis forced customers to delay purchases in the face of surging mortgage interest rates.
Read moreJefferies slashes targets for UK housebuilders to reflect downturn scenarios
25th Oct 2022 11:03
(Sharecast News) - Analysts at Jefferies took an axe to their target prices for several of the UK's largest homebuilders, telling clients that bottom fishing in the sector might prove premature as industry data had yet to reveal the full extent of the recent financial and political turmoil.
Read moreTruss to announce stamp duty cut - report
21st Sep 2022 08:42
(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty.
Read moreBerenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreHouse prices strengthen despite darkening outlook - RICS
8th Sep 2022 07:02
(Sharecast News) - UK house prices continued to rise in August, industry data showed on Thursday, but at a slower pace than analysts had expected.
Read moreHousebuilders slump as HSBC warns over downturn
2nd Sep 2022 14:10
(Sharecast News) - London-listed housebuilders were under the cosh on Friday after HSBC downgraded a raft of key names in the sector, cautioning over a downturn ahead.
Read morePersimmon profits fall, maintains completion guidance
17th Aug 2022 07:04
(Sharecast News) - Housebuilder Persimmon posted a fall in interim profits on Wednesday, but reiterated completion guidance and said price rises were offsetting cost inflation.
Read moreLiberum reiterates 'buy' rating on Persimmon
8th Jul 2022 12:00
(Sharecast News) - Analysts at Liberum reiterated their 'buy' rating on housebuilder Persimmon on Friday, stating pricing and margins "should trump volume".
Read morePersimmon sees H1 profits slightly higher than expectations
7th Jul 2022 07:07
(Sharecast News) - House builder Persimmon said it expected half-year profits to be "modestly" higher than expectations, despite rising energy and raw materials prices and wage increases.
Read moreMJ Gleeson, Persimmon 'top picks' for Liberum
25th May 2022 11:36
(Sharecast News) - Liberum said on Wednesday that Persimmon and MJ Gleeson were its top picks in the housebuilding sector as it noted sharp share price declines in the sector.
Read morePersimmon trades in line with FY expectations
27th Apr 2022 07:09
(Sharecast News) - Housebuilding company Persimmon said on Wednesday that it was currently trading in line with expectations, with demand remaining strong and private average sales rates rising 2% year-on-year.
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