Liberum Capital Reaffirms “Hold” Rating for Persimmon plc (PSN)
Persimmon plc (LON:PSN)‘s stock had its “hold” rating reiterated by equities researchers at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 1,238 ($20.70) price objective on the stock. Liberum Capital’s price target would indicate a potential downside of 7.27% from the stock’s previous close.
Persimmon plc (LON:PSN) opened at 1348.00 on Tuesday. Persimmon plc has a one year low of GBX 988.188 and a one year high of GBX 1428.751. The stock’s 50-day moving average is GBX 1270.93 and its 200-day moving average is GBX 1319.. The company’s market cap is £4.104 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Persimmon plc in a research note on Friday, August 1st. They now have a GBX 1,432 ($23.94) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Persimmon plc in a research note on Wednesday, July 23rd. They now have a GBX 1,486 ($24.84) price target on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. Persimmon plc has a consensus rating of “Hold” and a consensus price target of GBX 1,446.08 ($24.17).
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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