Persimmon profits surge as demand returns to pre-Covid levels

18th Aug 2021 07:04

(Sharecast News) - Interim profits at house builder Persimmon surged on the back of increased demand and government support measures as Covid curbs were eased, the company reported on Wednesday.

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Persimmon finance director Mike Killoran to retire

26th Jul 2021 11:07

(Sharecast News) - Persimmon said on Monday that group finance director Mike Killoran plans to retire early next year after 25 years with the housebuilder.

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Buyer 'frenzy' pushes UK house prices to fresh high

19th Jul 2021 10:46

(Sharecast News) - House prices have hit another fresh high, industry data showed on Monday, despite the stamp duty holiday coming to an end, as surging demand outstripped supply.

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UK house prices jump 10% year-on-year

14th Jul 2021 11:39

(Sharecast News) - House prices strengthened in May, official figures showed on Tuesday, as they bounced back from April's dip.

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Persimmon hastens payout as H1 revenues rise

8th Jul 2021 07:01

(Sharecast News) - Housebuilder Persimmon is accelerating a capital return to shareholders as strong first-half trading generated increased revenue of £1.84bn.

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Thursday preview: ECB strategy review, Persimmon in focus

7th Jul 2021 12:05

(Sharecast News) - Financial markets' focus on Thursday will be on the results of the European Central Bank's strategy review.

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Liberum backs housebuilders, names Persimmon and Taylor Wimpey top picks

5th Jul 2021 13:53

(Sharecast News) - Liberum has named Persimmon and Taylor Wimpey as two of its top picks, after a recent sell-off created an "attractive" buying opportunity among housebuilders.

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Wednesday broker round-up

23rd Jun 2021 13:04

(Sharecast News) - Hunting: JP Morgan upgrades overweight with a target price of 290p.

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Aviva, Persimmon agree 'landmark' commitments for leaseholders - CMA

23rd Jun 2021 07:40

(Sharecast News) - The Competition and Markets Authority said on Wednesday that Aviva and Persimmon have agreed to "landmark" commitments for leaseholders.

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Liberum upgrades Taylor Wimpey to 'buy', upbeat on sector

7th Jun 2021 07:10

(Sharecast News) - Liberum struck an upbeat note on the UK housebuilding sector on Monday, upgrading its stance on shares of Taylor Wimpey as it said recent updates confirmed trading has strengthened in April/May and house price inflation has spread to the new build sector.

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Wednesday broker round-up

28th Apr 2021 13:26

(Sharecast News) - IDOX: Canaccord downgrades to hold with a target price of 68.0p.

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Persimmon YTD forward sales up 23%

28th Apr 2021 08:32

(Sharecast News) - Homebuilder Persimmon said on Wednesday that its year-to-date forward sales position had improved 23% year-on-year despite the impacts of the Covid-19 pandemic.

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JPMorgan upgrades Taylor Wimpey, downgrades Barratt

29th Mar 2021 11:01

(Sharecast News) - JPMorgan Cazenove downgraded Barratt Developments on Monday but upgraded Taylor Wimpey as it took a look at the UK housebuilding sector.

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Taylor Wimpey and Countryside ordered to scrap unfair leases

19th Mar 2021 07:44

(Sharecast News) - The UK's competition watchdog has ordered Taylor Wimpey and Countryside to tear up onerous ground rent terms that have left many leaseholders trapped in their homes.

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UBS downgrades Crest Nicholson, Persimmon

18th Mar 2021 11:42

(Sharecast News) - UBS downgraded its stance on shares of Persimmon and Crest Nicholson on Thursday as it took a look at the UK housebuilding sector.

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