Jefferies reaffirms Buy target for Persimmon stock at GBp 1,590

Published on 10/25/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Persimmon sold 5,189 homes in the first half of 2026. Persimmon stock last stood at GBp 1,280.00 on October 23, 2026.

Analyst target and reporting dates

Jefferies reaffirmed a Buy rating and set a GBp 1,590 target on October 21, 2026.
Persimmon sold 5,189 homes and generated GBP 1.73 billion in first-half revenue through June 30, 2026.
Persimmon stock last stood at GBp 1,280.00 at 4:35 p.m. BST on October 23, 2026.
The interim dividend payment date is November 6, 2026, followed by a trading update on November 12, 2026.

Reihe britischer Backstein-Neubauhäuser in ruhiger Wohnsiedlung unter bewölktem Himmel — Fotorealistische britische Neubau-Siedlung zeigt Persimmon plc GB0030927254 im Wohnungsbau-Sektor mit typischen Backsteinhäusern, Illustration mit AI erstellt.

Persimmon stock carries a GBp 1,590 target after The Stock Observer reported on October 21, 2026 that Jefferies had reaffirmed its Buy rating. For investors, the target keeps attention on whether Persimmon can convert higher home completions into stronger margins.

First-half volume reaches 5,189 homes

Persimmon's official investor page reported 5,189 new homes sold and GBP 1.73 billion in group revenue for the six months ended June 30, 2026. The same release put profit before tax at GBP 168.0 million, giving the current valuation a recent operating reference.

Sanctuary Consulting noted on October 15, 2026 that underlying operating profit rose 10 percent to GBP 189.1 million, while housing operating margin declined from 13.1 percent to 12.8 percent. That comparison makes margin recovery more important than volume alone.

What dates matter for shareholders?

Persimmon's recent chronology includes the 20p interim dividend going ex-dividend on October 15, 2026, Jefferies setting its GBp 1,590 target on October 21, 2026, and the LSE last price reaching GBp 1,280.00 on October 23, 2026. The sequence links income, analyst expectations and the latest market level.

The next dated events are the interim dividend payment on November 6, 2026 and the trading update on November 12, 2026, both listed in Persimmon's financial calendar. The trading update should provide the next company-specific test of sales momentum and margin direction.

Stock level and investor focus

Persimmon had a market capitalization of GBP 4.1 billion as of October 23, 2026. Its 52-week range was GBp 947.40 to GBp 1,552.00, placing the latest LSE level below the annual high while the analyst target remains higher.

At the LSE, Persimmon was last at GBp 1,280.00 on October 23, 2026 at 4:35 p.m. BST. The further course of trading is shown by the continuously updated real-time quote of Persimmon stock.