Persimmon Stock Rating Reaffirmed by Davy Research (PSN)
Persimmon (LON:PSN)‘s stock had its “underperform” rating reiterated by stock analysts at Davy Research in a report issued on Monday, StockRatingsNetwork.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Persimmon in a research note to investors on Friday. They now have a GBX 1,303 ($21.47) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “sell” rating on shares of Persimmon in a research note to investors on Thursday. Finally, analysts at HSBC raised their price target on shares of Persimmon from GBX 1,395 ($22.99) to GBX 1,500 ($24.72) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Persimmon presently has an average rating of “Hold” and a consensus price target of GBX 1,369.10 ($22.56).
Shares of Persimmon (LON:PSN) traded down 0.59% on Monday, hitting GBX 1346.00. The stock had a trading volume of 1,028,181 shares. Persimmon has a 52-week low of GBX 779.113 and a 52-week high of GBX 1360.00. The stock’s 50-day moving average is GBX 1210. and its 200-day moving average is GBX 1195.. The company’s market cap is £4.082 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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