Persimmon PT Raised to GBX 1,310 at Jefferies Group (PSN)
Equities researchers at Jefferies Group hoisted their target price on shares of Persimmon (LON:PSN) from GBX 1,275 ($20.91) to GBX 1,310 ($21.49) in a research report issued on Wednesday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective points to a potential upside of 1.63% from the stock’s previous close.
PSN has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of Persimmon to a “hold” rating in a research note to investors on Wednesday. They now have a GBX 1,300 ($21.32) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon in a research note to investors on Tuesday. They now have a GBX 1,310 ($21.49) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Persimmon in a research note to investors on Tuesday. They now have a GBX 1,350 ($22.14) price target on the stock. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,313.84 ($21.55).
Persimmon (LON:PSN) traded down 0.39% on Wednesday, hitting GBX 1289.00. The stock had a trading volume of 1,911,371 shares. Persimmon has a 52-week low of GBX 768.376 and a 52-week high of GBX 1321.00. The stock has a 50-day moving average of GBX 1196. and a 200-day moving average of GBX 1190.. The company’s market cap is £3.910 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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