Shares in Persimmon (PSN) fell 3 per cent on the day the housebuilder revealed that sales during the five months to November 2017 were flat on the previous year. However, the numbers were up against some tough comparatives. In addition, targeted sales for the full year have already been achieved, and forward sales worth around £909m are up 10 per cent on a year earlier.
IC TIP:
Hold
at
2776p