Persimmon ( (GB:PSN) ) just unveiled an update.
Norges Bank has adjusted its holdings in Persimmon PLC, reducing its voting rights from 4.004250% to 3.995730%. This change was officially recorded on April 24, 2025, and notified to Persimmon on April 25, 2025. The adjustment in voting rights reflects a minor change in Norges Bank’s stake in the company, which may have implications for its influence in shareholder decisions.
Spark’s Take on GB:PSN Stock
According to Spark, TipRanks’ AI Analyst, GB:PSN is a Outperform.
Persimmon presents a strong financial position with notable revenue recovery and no debt, contributing to a solid financial foundation. The technical indicators suggest mixed momentum, while valuation metrics provide a reasonable investment perspective. Positive corporate events further bolster the outlook, though operational efficiency and cash flow management remain areas for improvement.
To see Spark’s full report on GB:PSN stock, click here.
More about Persimmon
Persimmon PLC is a UK-based company operating in the construction industry, primarily focused on building residential properties. It is one of the leading housebuilding companies in the UK, catering to a wide market with a range of housing products.
YTD Price Performance: 4.38%
Average Trading Volume: 1,919,439
Technical Sentiment Signal: Buy
Current Market Cap: £4B
For a thorough assessment of PSN stock, go to TipRanks’ Stock Analysis page.