Persimmon plc Given “Hold” Rating at Deutsche Bank (PSN)
Persimmon plc (LON:PSN)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 1,366 ($22.89) target price on the stock. Deutsche Bank’s price objective would indicate a potential downside of 6.69% from the stock’s previous close.
PSN has been the subject of a number of other recent research reports. Analysts at Galvan Research reiterated a “buy” rating on shares of Persimmon plc in a research note on Monday, February 17th. They now have a GBX 1,465 ($24.55) price target on the stock. Separately, 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. 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 analysts have rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Persimmon plc currently has a consensus rating of “Hold” and a consensus target price of GBX 1,406.85 ($23.58).
Shares of Persimmon plc (LON:PSN) opened at 1464.00 on Friday. Persimmon plc has a 52-week low of GBX 873.50 and a 52-week high of GBX 1474.46. The stock’s 50-day moving average is GBX 1337.43 and its 200-day moving average is GBX 1216.68. The company’s market cap is £4.440 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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