Persimmon plc Receives Hold Rating from Deutsche Bank (PSN)
Persimmon plc (LON:PSN)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a GBX 1,432 ($24.56) price target on the stock. Deutsche Bank’s price target suggests a potential upside of 15.30% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Persimmon plc in a research note on Wednesday, July 2nd. Separately, 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 ($26.16) price target on the stock. Finally, 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 ($24.48) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,442.92 ($24.75).
Shares of Persimmon plc (LON:PSN) traded down 0.96% on Friday, hitting GBX 1242.00. 1,319,834 shares of the company’s stock traded hands. Persimmon plc has a 1-year low of GBX 988.188 and a 1-year high of GBX 1428.751. The stock’s 50-day moving average is GBX 1279. and its 200-day moving average is GBX 1321.. The company’s market cap is £3.781 billion.
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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