Persimmon plc (PSN) Given Consensus Rating of “Hold” by Analysts

Shares of Persimmon plc (LON:PSN) have received an average recommendation of “Hold” from the eighteen brokerages that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 2,577 ($34.95).

Several equities analysts have issued reports on PSN shares. Peel Hunt reiterated a “hold” rating and issued a GBX 2,720 ($36.89) target price on shares of Persimmon in a research note on Wednesday, September 27th. Deutsche Bank lifted their target price on Persimmon from GBX 2,403 ($32.59) to GBX 2,464 ($33.41) and gave the company a “hold” rating in a research note on Thursday, November 30th. Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 2,650 ($35.94) target price on shares of Persimmon in a research note on Wednesday, November 8th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 2,650 ($35.94) target price on shares of Persimmon in a research note on Wednesday, November 8th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 2,382 ($32.30) target price on shares of Persimmon in a research note on Wednesday, November 8th.

Persimmon (LON:PSN) opened at GBX 2,647 ($35.90) on Friday. Persimmon has a 52 week low of GBX 1,884 ($25.55) and a 52 week high of GBX 2,901 ($39.34). The stock has a market capitalization of $8,170.00 and a PE ratio of 1,187.00.

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Persimmon 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 (LON:PSN)

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