Jefferies reaffirms Buy for Persimmon stock at GBp 1,590

Published on 10/29/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year revenue reached GBP 1.73 billion and profit before tax GBP 168.0 million. Persimmon stock costs EUR 14.89 on October 29, 2026.

Persimmon update and valuation

Jefferies reaffirmed a Buy rating and set a GBp 1,590 target on October 21, 2026.
Persimmon reported GBP 1.73 billion of group revenue for the six months ended June 30, 2026.
Persimmon stock was trading at EUR 14.89 at 12:39 p.m. CET at Lang & Schwarz on October 29, 2026.
The next company dates are November 6, 2026, for the interim dividend payment and November 12, 2026, for a trading update.

Persimmon, GB0006825383, Illustration mit AI erstellt.

Persimmon stock (ISIN GB0006825383) was trading at EUR 14.89 at Lang & Schwarz on October 29, 2026 at 12:39 p.m. CET. MarketBeat reported that Jefferies reaffirmed its Buy rating and kept a GBp 1,590 target in a report dated October 21, 2026.

Three dated company developments

On September 28, 2026, Persimmon secured planning consent for the next 400 homes at its Valley Park development, including 306 units for Persimmon Homes and 91 for Charles Church, according to Persimmon. On October 1, 2026, an RNS notice said the company had issued 37,736 ordinary shares under employee schemes, as reported by Financial Times. The latest event in this sequence was the October 21 Jefferies target of GBp 1,590.

What anchors the valuation?

Persimmon's latest investor figures cover the six months ended June 30, 2026. The company reported 5,189 new homes sold, group total revenue of GBP 1.73 billion and profit before tax of GBP 168.0 million, according to its investor relations page. Those figures give the analyst target a clear operating reference: the valuation rests on completed homes, revenue and the pace of housing delivery.

Dates investors can track

Persimmon lists November 6, 2026, as the payment date for its 20p interim dividend and November 12, 2026, as the date of its next trading update. The calendar comes from the company's investor relations page.

Stock position and next dates

Persimmon is listed on the London Stock Exchange under ticker PSN. Its reported 52-week range is GBp 947.40 to GBp 1,552.00, while market capitalization is GBP 4.0 billion, according to MarketBeat. The current euro quote gives German investors a separate reference point from the London price series.

Persimmon was trading at EUR 14.89 at Lang & Schwarz on October 29, 2026 at 12:39 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Persimmon stock.