Panmure keeps GBp 1,694.00 target for Persimmon stock
Published on 10/20/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExecution dates shape the case
- Panmure Liberum set a GBp 1,694.00 target on October 12, 2026.
- First-half revenue reached GBP 1.73 billion for the six months ended June 30, 2026.
- Persimmon stock traded at EUR 14.56 at 1:15 p.m. CEST at Lang & Schwarz on October 20, 2026.
- Persimmon will pay a GBp 20.00 interim dividend on November 6, 2026, followed by a trading update on November 12, 2026.
Persimmon (ISIN GB0006825383) was trading at EUR 14.56 at Lang & Schwarz on October 20, 2026, at 1:15 p.m. CEST. On October 12, 2026, Yahoo Finance reported that Panmure Liberum named Persimmon its top housebuilder pick and retained a GBp 1,694.00 price target.
Three milestones explain the setup
On August 6, 2026, Persimmon published first-half results for the six months ended June 30, 2026, showing GBP 1.73 billion of group revenue and GBP 168.0 million of profit before tax, according to the company's Persimmon investor page. On October 12, 2026, Panmure Liberum's GBp 1,694.00 target added an analyst valuation to that operating picture.
On October 20, 2026, the stock was trading at EUR 14.56 at Lang & Schwarz. The sequence points to a recovery story built on higher volumes, while the margin question remains central to the valuation.
What does the margin need to prove?
Persimmon sold 5,189 new homes in the first half of 2026, up 13 percent from the first half of 2025, while underlying operating profit increased 10 percent to GBP 189.0 million, according to the company's investor materials and Yahoo Finance. Housing gross margin was 18.0 percent, and management expected full-year completions of 12,500 homes, at the top end of its previous guidance.
Which dates come next?
Persimmon's next two scheduled milestones are a GBp 20.00 interim dividend payment on November 6, 2026, and a trading update on November 12, 2026, both listed on the company's investor page. The dates give investors a clear timetable for the next cash distribution and operating update.
EUR 14.56 at Lang and Schwarz
Persimmon was trading at EUR 14.56 at Lang & Schwarz on October 20, 2026, at 1:15 p.m. CEST. The valuation case therefore rests on whether 2026 volume growth can develop into stronger margins and returns.
The further course of trading is shown by the continuously updated real-time quote of Persimmon stock.
Persimmon market data
- Company: Persimmon plc
- ISIN: GB0006825383
- Ticker: PSN
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 1:15 p.m. CEST): EUR 14.56
- Sector / Industry: Consumer durables / homebuilding
Market context: Market report FTSE 100.
