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Persimmon ( (GB:PSN) ) has provided an announcement.
Persimmon Plc reported a robust performance for the first half of 2025, with a 4% increase in new home completions and a 13% rise in underlying operating profit. The company has maintained its growth trajectory by expanding its sales outlets and enhancing its planning and operational strategies. Despite challenging market conditions, Persimmon remains on track to meet its annual completion targets and continues to invest in future growth, including land acquisition and building safety improvements. The company’s strategic focus on self-help and operational discipline has resulted in increased sales and profitability, positioning it well for continued growth.
The most recent analyst rating on (GB:PSN) stock is a Buy with a £19.69 price target. To see the full list of analyst forecasts on Persimmon stock, see the GB:PSN Stock Forecast page.
Spark’s Take on GB:PSN Stock
According to Spark, TipRanks’ AI Analyst, GB:PSN is a Outperform.
Persimmon’s strong financial stability and recent strategic moves, including the sale of FibreNest, reflect a positive outlook. Despite current technical weakness, the stock’s reasonable valuation and attractive dividend yield provide a compelling case for long-term investment. The company’s proactive management and growth prospects further bolster its position in the residential construction industry.
To see Spark’s full report on GB:PSN stock, click here.
More about Persimmon
Persimmon Plc is a prominent company in the construction industry, primarily engaged in building new homes. The company focuses on delivering quality housing and has a strong market presence with a strategy centered on land acquisition, planning, and vertical integration to enhance operational efficiency.
Average Trading Volume: 1,181,320
Technical Sentiment Signal: Sell
Current Market Cap: £3.62B
For detailed information about PSN stock, go to TipRanks’ Stock Analysis page.