|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||33.85 - 33.85|
|52-week range||21.18 - 33.85|
|PE ratio (TTM)||11.79|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|
The Zacks Analyst Blog Highlights: KB Home, Lennar, Persimmon, Beazer Homes and Toll Brothers
BT Group plc (LON:BT-A) and Persimmon plc (LON:PSN) appear to offer an excellent combination of value and quality.
Britain's second biggest housebuilder Persimmon (Frankfurt: 882058 - news) said its first-half pre-tax profits rose 30 percent to 457 million pounds ($589 million) but it would remain cautious over land buying due to uncertainty around Brexit. Persimmon, which built just over 15,100 homes across the country in 2016, said its volumes rose 8 percent to 7,794 units in the first six months of the year and that customer interest in its developments remained strong. The firm said the housing market was still "confident" and its reservation rate had risen 2 percent in recent weeks but it would be prudent about buying land for future building, the biggest cost faced by most builders.