Persimmon Rating Reiterated by Deutsche Bank (PSN)
Persimmon (LON:PSN)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday, ARN reports. They currently have a GBX 1,310 ($21.49) price target on the stock. Deutsche Bank’s price target would indicate a potential downside of 3.25% from the company’s current price.
A number of other firms have also recently commented on PSN. 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. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Persimmon in a research note to investors on Friday, December 6th. They now have a GBX 1,303 ($21.37) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Persimmon from GBX 1,162 ($19.06) to GBX 1,275 ($20.91) in a research note to investors on Friday, December 6th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Persimmon has a consensus rating of “Hold” and an average target price of GBX 1,369.10 ($22.46).
Shares of Persimmon (LON:PSN) opened at 1354.00 on Tuesday. Persimmon has a 52 week low of GBX 834.50 and a 52 week high of GBX 1356.00. The stock’s 50-day moving average is GBX 1206. and its 200-day moving average is GBX 1193.. The company’s market cap is £4.107 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.