Persimmon (OTCMKTS:PSMMY) Shares Gap Up – Should You Buy?

Posted by Geri Gentry on Sep 16th, 2026

Persimmon Plc (OTCMKTS:PSMMY – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $29.34, but opened at $31.35. Persimmon shares last traded at $31.35, with a volume of 217 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Zacks Research raised Persimmon from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft upgraded Persimmon from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. Finally, UBS Group assumed coverage on Persimmon in a research note on Wednesday, September 9th. They set a “buy” rating for the company. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on PSMMY

Persimmon Stock Performance

The stock’s 50-day moving average price is $30.25 and its 200-day moving average price is $30.14.

About Persimmon

(Get Free Report)

Persimmon plc is a United Kingdom-based housebuilder that develops and sells new homes for private buyers, first-time purchasers and affordable-housing customers. Its operations include land acquisition, residential planning, construction and home sales, as well as customer support following completion.

The company markets homes primarily through the Persimmon Homes, Charles Church and Westbury Partnerships brands. Its developments range from entry-level and family housing to larger, higher-specification properties, while Westbury Partnerships works with housing associations and other organizations to deliver affordable homes.

Persimmon traces its origins to 1972 and serves communities across England, Scotland and Wales through a network of regional operating businesses.