Deutsche Bank Reiterates Hold Rating for Persimmon plc (PSN)
Persimmon plc (LON:PSN)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a GBX 1,400 ($23.85) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 8.53% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Persimmon plc in a research note on Friday, June 27th. They now have a GBX 1,525 ($25.98) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Persimmon plc in a research note on Friday, June 27th. They now have a GBX 1,427 ($24.31) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Persimmon plc in a research note on Thursday, June 19th. They now have a GBX 1,300 ($22.14) price target on the stock. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,440.25 ($24.53).
Shares of Persimmon plc (LON:PSN) traded down 0.62% on Wednesday, hitting GBX 1290.00. The stock had a trading volume of 2,312,977 shares. Persimmon plc has a one year low of GBX 988.188 and a one year high of GBX 1428.751. The stock has a 50-day moving average of GBX 1294. and a 200-day moving average of GBX 1318.. The company’s market cap is £3.928 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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