Shares of Persimmon plc (LON:PSN) have been given a consensus rating of “Hold” by the seventeen analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,473.67 ($31.95).

PSN has been the topic of a number of research analyst reports. Citigroup Inc. reissued a “neutral” rating and issued a GBX 2,265 ($29.25) price target on shares of Persimmon plc in a report on Monday, May 15th. Deutsche Bank AG boosted their price target on shares of Persimmon plc from GBX 2,313 ($29.87) to GBX 2,340 ($30.22) and gave the stock a “hold” rating in a report on Wednesday, May 31st. Liberum Capital reissued a “hold” rating and issued a GBX 2,161 ($27.91) price target on shares of Persimmon plc in a report on Friday, June 9th. Peel Hunt reissued a “hold” rating and issued a GBX 2,260 ($29.19) price target on shares of Persimmon plc in a report on Wednesday, June 21st. Finally, Jefferies Group LLC upped their price objective on shares of Persimmon plc from GBX 2,102 ($27.15) to GBX 2,316 ($29.91) and gave the company a “hold” rating in a report on Monday, June 26th.

Shares of Persimmon plc (LON:PSN) traded down 1.89% during trading on Friday, hitting GBX 2540.00. 1,245,762 shares of the stock traded hands. The stock has a 50 day moving average price of GBX 2,541.19 and a 200-day moving average price of GBX 2,333.21. Persimmon plc has a 1-year low of GBX 1,600.00 and a 1-year high of GBX 2,669.00. The stock’s market cap is GBX 7.84 billion.

Persimmon plc (LON:PSN) last issued its quarterly earnings results on Tuesday, August 22nd. The company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.15. Persimmon plc had a net margin of 22.18% and a return on equity of 26.99%. Equities analysts forecast that Persimmon plc will post $241.66 EPS for the current year.

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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.

Analyst Recommendations for Persimmon plc (LON:PSN)

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