Persimmon Upgraded by Numis Securities Ltd to Hold (PSN)
Persimmon (LON:PSN) was upgraded by research analysts at Numis Securities Ltd to a “hold” rating in a report released on Wednesday, AnalystRatings.NET reports. The firm currently has a GBX 1,300 ($21.32) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 0.46% from the company’s current price.
Several other analysts have also recently commented on the stock. 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. Separately, 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 assigned a strong buy rating to the company. Persimmon presently has an average rating of “Hold” and a consensus price target of GBX 1,311.15 ($21.50).
Shares of Persimmon (LON:PSN) opened at 1297.00 on Wednesday. Persimmon has a 52 week low of GBX 768.376 and a 52 week high of GBX 1321.00. The stock’s 50-day moving average is GBX 1196. and its 200-day moving average is GBX 1190.. The company’s market cap is £3.934 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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