Deutsche Bank Reiterates Hold Rating for Persimmon (PSN)

Persimmon (LON:PSN)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued on Monday.

PSN has been the topic of several other research reports. Liberum Capital upped their price objective on shares of Persimmon from GBX 2,382 ($32.30) to GBX 2,740 ($37.16) and gave the company a “hold” rating in a report on Wednesday, January 3rd. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,800 ($37.97) price objective on shares of Persimmon in a report on Tuesday, November 7th. Canaccord Genuity reiterated a “hold” rating and set a GBX 2,650 ($35.94) price objective on shares of Persimmon in a report on Wednesday, November 8th. Shore Capital reiterated a “sell” rating on shares of Persimmon in a report on Wednesday, November 8th. Finally, Citigroup reiterated a “neutral” rating and set a GBX 2,860 ($38.78) price objective on shares of Persimmon in a report on Wednesday, November 1st. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 2,577 ($34.95).

Persimmon (PSN) opened at GBX 2,639 ($35.79) on Monday. Persimmon has a fifty-two week low of GBX 1,884 ($25.55) and a fifty-two week high of GBX 2,901 ($39.34). The firm has a market cap of $8,170.00 and a PE ratio of 1,183.41.

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About Persimmon

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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