Panmure sets GBp 1,694 target for Persimmon stock

Published on 10/18/2026 at 12:52 | 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 EUR 14.92 on October 16 ahead of its dividend.

Broker view and operating base

Panmure named Persimmon its top sector pick and kept a GBp 1,694 target on October 12, 2026.
Persimmon reported GBP 1.73 billion of revenue for the six months ended June 30, 2026.
Persimmon stock closed at EUR 14.92 on October 16, 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 (ISIN GB0006825383) was named Panmure Liberum's top housebuilder pick with a GBp 1,694 price target on October 12, 2026, according to Yahoo Finance. The broker retained its Buy rating and linked the view to the government's planned support for first-time buyers.

Demand support meets execution

The latest operating base is the half-year report for the six months ended June 30, 2026. Persimmon sold 5,189 new homes and generated GBP 1.73 billion in group total revenue, while profit before tax reached GBP 168.0 million, according to the company's Persimmon.

Panmure Liberum said Persimmon's lower-priced homes and exposure to northern England could benefit from the proposed buyer support. The broker also pointed to the company's in-house manufacturing, which can save up to GBP 10,000 per home, while forecasting a 50-basis-point margin decline, according to Yahoo Finance.

What changed across three dates?

Persimmon announced 37,736 employee-plan shares on October 1, 2026, with the securities admitted to the London market, according to Investegate. Panmure Liberum named Persimmon its top sector pick with a GBp 1,694 target on October 12, 2026, according to Yahoo Finance. The interim dividend of GBp 20.00 went ex-dividend on October 15, 2026, according to the company's Persimmon.

Which dates come next?

Persimmon's interim dividend payment date is November 6, 2026, and its next trading update is scheduled for November 12, 2026, according to the company's Persimmon. For investors, the key connection is between volume delivery, home pricing and the margin protection highlighted by the broker.

Stock price and investor context

The Xetra close for Persimmon was EUR 14.92 on October 16, 2026. The last available euro quotation therefore gives investors a dated reference point while the operating figures and the GBp 1,694 target frame the valuation discussion.

The further course of trading is shown by the continuously updated real-time quote of Persimmon stock.