Persimmon PT Raised to GBX 1,333.60 (PSN)
Equities research analysts at Barclays upped their price target on shares of Persimmon (LON:PSN) from GBX 1,260.40 ($20.71) to GBX 1,333.60 ($21.92) in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price objective would indicate a potential upside of 3.62% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon in a research note to investors on Friday. They now have a GBX 1,366 ($22.45) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Persimmon from GBX 1,310 ($21.53) to GBX 1,329 ($21.84) in a research note to investors on Friday. They now have a “hold” 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 issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,382.65 ($22.72).
Shares of Persimmon (LON:PSN) traded down 1.00% on Tuesday, hitting GBX 1287.00. The stock had a trading volume of 768,564 shares. Persimmon has a one year low of GBX 851.00 and a one year high of GBX 1360.00. The stock’s 50-day moving average is GBX 1267. and its 200-day moving average is GBX 1202.43. The company’s market cap is £3.903 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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