Deutsche Bank Reiterates “Hold” Rating for Persimmon (PSN)
Persimmon (LON:PSN)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a report released on Monday, American Banking News reports. They currently have a GBX 1,274 ($20.61) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 2.49% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Persimmon in a research note to investors on Friday, October 18th. They now have a GBX 1,162 ($18.80) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Persimmon in a research note to investors on Monday, October 14th. They now have a GBX 1,245 ($20.14) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 1,265.41 ($20.47).
Persimmon (LON:PSN) opened at 1240.00 on Monday. Persimmon has a 52-week low of GBX 693.686 and a 52-week high of GBX 1321.00. The stock’s 50-day moving average is GBX 1137. and its 200-day moving average is GBX 1164.. The company’s market cap is £3.761 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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