Persimmon plc (PSN) Receives Average Rating of “Hold” from Analysts
Shares of Persimmon plc (LON:PSN) have earned a consensus rating of “Hold” from the eighteen analysts that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,499.69 ($32.99).
A number of brokerages have issued reports on PSN. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,382 ($31.43) target price on shares of Persimmon plc in a research note on Monday, October 2nd. J P Morgan Chase & Co raised their target price on Persimmon plc from GBX 2,600 ($34.31) to GBX 2,800 ($36.95) and gave the stock an “overweight” rating in a research note on Friday, September 29th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 2,720 ($35.89) target price on shares of Persimmon plc in a research note on Wednesday, September 27th. Bank of America Corporation reaffirmed an “underperform” rating and issued a GBX 2,230 ($29.43) target price on shares of Persimmon plc in a research note on Tuesday, September 12th. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Persimmon plc in a research note on Friday, September 1st.
Shares of Persimmon plc (LON PSN) traded down 2.04% during mid-day trading on Friday, hitting GBX 2831.00. 1,818,966 shares of the stock were exchanged. Persimmon plc has a 12 month low of GBX 1,600.00 and a 12 month high of GBX 2,901.00. The stock’s market cap is GBX 8.73 billion. The company has a 50-day moving average price of GBX 2,658.03 and a 200-day moving average price of GBX 2,472.61.
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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