Persimmon plc (PSN) Given Consensus Rating of “Hold” by Brokerages
Persimmon plc (LON:PSN) has been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 2,437.17 ($31.64).
PSN has been the subject of several research reports. Jefferies Group LLC lifted their price objective on Persimmon plc from GBX 2,102 ($27.29) to GBX 2,316 ($30.07) and gave the stock a “hold” rating in a research report on Monday, June 26th. Citigroup Inc. restated a “neutral” rating and set a GBX 2,265 ($29.40) price objective on shares of Persimmon plc in a research report on Monday, May 8th. Peel Hunt restated a “hold” rating and set a GBX 2,260 ($29.34) price objective on shares of Persimmon plc in a research report on Wednesday, June 21st. Liberum Capital lifted their price objective on Persimmon plc from GBX 2,161 ($28.05) to GBX 2,382 ($30.92) and gave the stock a “hold” rating in a research report on Wednesday, July 19th. Finally, Deutsche Bank AG restated a “hold” rating and set a GBX 2,340 ($30.38) price objective on shares of Persimmon plc in a research report on Tuesday, July 4th.
Persimmon plc (PSN) traded down 0.48% during midday trading on Tuesday, hitting GBX 2502.00. The stock had a trading volume of 824,392 shares. The stock has a 50-day moving average price of GBX 2,414.93 and a 200 day moving average price of GBX 2,260.29. Persimmon plc has a 12-month low of GBX 1,600.00 and a 12-month high of GBX 2,568.00. The firm’s market cap is GBX 7.72 billion.
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Persimmon plc Company Profile
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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