Persimmon’s Buy Rating Reaffirmed at Citigroup Inc. (PSN)
Persimmon (LON:PSN)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup Inc. in a research note issued to investors on Tuesday, ARN reports. They currently have a GBX 1,350 ($22.14) price objective on the stock. Citigroup Inc.’s price target suggests a potential downside of 0.30% from the company’s current price.
A number of other analysts have also recently weighed in on PSN. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon in a research note to investors on Monday, December 23rd. They now have a GBX 1,310 ($21.49) price target on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus 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).
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