Persimmon Price Target Increased to GBX 1,329 by Analysts at Jefferies Group (PSN)
Jefferies Group lifted their price target on shares of Persimmon (LON:PSN) from GBX 1,310 ($21.59) to GBX 1,329 ($21.90) in a research note issued on Friday, Stock Ratings Network reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective suggests a potential upside of 1.22% from the company’s current price.
A number of other firms have also recently commented on PSN. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon in a research note to investors on Monday, January 20th. They now have a GBX 1,366 ($22.51) price target on the stock. Separately, analysts at Davy Research reiterated an “underperform” rating on shares of Persimmon in a research note to investors on Monday, January 13th. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Persimmon in a research note to investors on Friday, January 10th. They now have a GBX 1,303 ($21.47) price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 1,375.92 ($22.67).
Shares of Persimmon (LON:PSN) opened at 1313.00 on Friday. Persimmon has a 52-week low of GBX 780.237 and a 52-week high of GBX 1360.00. The stock’s 50-day moving average is GBX 1259. and its 200-day moving average is GBX 1202.. The company’s market cap is £3.982 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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