Persimmon’s Hold Rating Reaffirmed at Deutsche Bank (PSN)
Persimmon (LON:PSN)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Friday, Analyst Ratings Net reports. They currently have a GBX 1,366 ($22.51) target price on the stock. Deutsche Bank’s price objective would suggest a potential upside of 4.04% from the stock’s previous close.
Shares of Persimmon (LON:PSN) opened at 1313.00 on Friday. Persimmon has a one year low of GBX 780.237 and a one year 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.
PSN has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Persimmon from GBX 1,310 ($21.59) to GBX 1,329 ($21.90) in a research note to investors on Friday. They now have a “hold” rating 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 equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,375.92 ($22.67).
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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