Persimmon plc: UK Housebuilder Stock Tries To Stabilize As Rates Peak And Investors Rebuild Confidence

Persimmon plc has slipped over the past week, yet the stock still trades comfortably above its autumn lows as UK housing sentiment slowly improves. With analysts split between cautious holds and selective buys, the next leg for the shares will hinge on how quickly mortgage rates ease and demand for new homes rebounds.