Persimmon Price Target Increased to GBX 1,261 by Analysts at Liberum Capital (PSN)
Analysts at Liberum Capital raised their target price on shares of Persimmon (LON:PSN) from GBX 1,245 ($20.14) to GBX 1,261 ($20.40) in a research report issued to clients and investors on Tuesday, Stock Ratings Network.com reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective would suggest a potential upside of 0.48% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon in a research note to investors on Monday. They now have a GBX 1,274 ($20.61) price target on the stock. Separately, 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. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,266.74 ($20.49).
Persimmon (LON:PSN) traded up 0.97% on Tuesday, hitting GBX 1255.00. 706,355 shares of the company’s stock traded hands. Persimmon has a 52-week low of GBX 693.686 and a 52-week high of GBX 1321.00. The stock has a 50-day moving average of GBX 1137. and a 200-day moving average of GBX 1164.. The company’s market cap is £3.806 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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