Persimmon (LON:PSN) Reaches New 1-Year High – Here’s Why

Posted by Stanley Muller on Nov 9th, 2026

Persimmon Plc (LON:PSN – Get Free Report)’s share price reached a new 52-week high during trading on Monday. The stock traded as high as GBX 2,984 and last traded at GBX 1,289, with a volume of 1,987,368 shares changing hands. The stock had previously closed at GBX 1,305.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,590 target price on shares of Persimmon in a research report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on Persimmon from GBX 1,419 to GBX 1,403 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,350 price objective on shares of Persimmon in a report on Friday, August 7th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,564.30.

Check Out Our Latest Analysis on PSN

Persimmon Stock Down 1.2%

The stock has a fifty day moving average price of GBX 1,215.01 and a 200 day moving average price of GBX 1,190.71. The company has a debt-to-equity ratio of 8.08, a current ratio of 4.21 and a quick ratio of 1.04. The stock has a market capitalization of £4.14 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 0.83 and a beta of 1.38.

Persimmon (LON:PSN – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported GBX 38 earnings per share (EPS) for the quarter. Persimmon had a return on equity of 8.45% and a net margin of 7.68%. On average, research analysts forecast that Persimmon Plc will post 98.28 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Andrew Duxbury sold 26,105 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of GBX 1,320, for a total transaction of £344,586. 2.62% of the stock is currently owned by insiders.

Persimmon Company Profile

(Get Free Report)

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4. Further, it offers concrete bricks and roof tile. Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.