Persimmon plc Given Buy Rating at Galvan Research (PSN)
Persimmon plc (LON:PSN)‘s stock had its “buy” rating reiterated by Galvan Research in a research note issued on Monday, American Banking and Market News reports. They currently have a GBX 1,465 ($24.55) price target on the stock. Galvan Research’s price objective suggests a potential upside of 5.78% from the stock’s previous close.
Persimmon plc (LON:PSN) opened at 1407.40 on Monday. Persimmon plc has a one year low of GBX 797.785 and a one year high of GBX 1434.00. The stock’s 50-day moving average is GBX 1309. and its 200-day moving average is GBX 1210.. The company’s market cap is £4.269 billion.
PSN has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Persimmon plc in a research note on Monday, February 10th. They now have a GBX 1,415 ($23.71) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon plc in a research note on Monday, February 10th. They now have a GBX 1,366 ($22.89) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Persimmon plc in a research note on Tuesday, February 4th. They now have a GBX 1,334 ($22.36) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 1,394.93 ($23.38).
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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