Added to YB: 2026-10-06
Pitch date: 2026-09-29
PSN.L [bullish]
Persimmon Plc
-3.96%
current return
Author Info
No bio for this author
Company Info
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name.
Market Cap
GBP 4.0B
Pitch Price
GBP 13.16
Price Target
N/A
Dividend
4.85%
EV/EBITDA
8.31
P/E
13.15
EV/Sales
1.04
Sector
Household Durables
Category
special_situation
Help to Buy Is Back - Persimmon Plc
PSN.L (monitor): Persimmon is viewed as the clearest beneficiary of the proposed first-time-buyer equity-loan scheme because its lower-priced homes and northern, first-time-buyer skew should fit local caps. The old Help to Buy supported roughly half its 2018 sales as margins reached 30.8%, but the shares’ roughly 15% jump precedes key 28 October details on builder contributions, eligibility caps and affordability that could materially limit the benefit.
Read full article (4 min)