Persimmon plc (LON:PSN) Receives Consensus Rating of “Hold” from Analysts
Shares of Persimmon plc (LON:PSN) have earned an average recommendation of “Hold” from the seventeen ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,437.17 ($31.83).
A number of research analysts recently commented on the company. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,161 ($28.22) price target on shares of Persimmon plc in a research note on Thursday, April 27th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Persimmon plc in a research note on Monday, April 24th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 2,523 ($32.95) price target (up previously from GBX 2,413 ($31.51)) on shares of Persimmon plc in a research note on Thursday, July 6th. Peel Hunt reaffirmed a “hold” rating on shares of Persimmon plc in a research note on Wednesday, July 5th. Finally, Barclays PLC boosted their price target on Persimmon plc from GBX 2,123 ($27.72) to GBX 2,566 ($33.51) and gave the company an “equal weight” rating in a research note on Thursday, July 13th.
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Persimmon plc (LON:PSN) traded down 0.04% during midday trading on Friday, hitting GBX 2461.00. 1,012,705 shares of the stock traded hands. The firm’s 50 day moving average is GBX 2,343.20 and its 200-day moving average is GBX 2,187.44. The stock’s market capitalization is GBX 7.59 billion. Persimmon plc has a 12-month low of GBX 1,573.55 and a 12-month high of GBX 2,481.00.
About Persimmon plc
Persimmon Plc is a United Kingdom-based holding company. The Company is engaged in house building within the United Kingdom. The Company trades under the brand names of Persimmon Homes, Charles Church, Westbury Partnerships and Space4. The Company offers a range of homes from studio apartments to family homes in approximately 400 locations under Persimmon Homes brand.
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