Persimmon Plc (OTCMKTS:PSMMY) Given Consensus Rating of “Buy” by Brokerages

Shares of Persimmon Plc (OTCMKTS:PSMMY) have been assigned an average recommendation of “Buy” from the five analysts that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company.

PSMMY has been the subject of a number of recent analyst reports. Royal Bank Of Canada upgraded shares of Persimmon from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. The Goldman Sachs Group initiated coverage on shares of Persimmon in a report on Monday, November 24th. They set a “buy” rating for the company. Finally, Citigroup reiterated a “buy” rating on shares of Persimmon in a research note on Wednesday, January 14th.

Persimmon Trading Down 0.3%

Persimmon stock opened at $41.45 on Monday. The stock has a fifty day moving average price of $37.39 and a two-hundred day moving average price of $33.56. Persimmon has a 52-week low of $27.82 and a 52-week high of $41.68.

Persimmon Company Profile

Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.

Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.