Persimmon plc (LON:PSN) had its price target raised by Credit Suisse Group AG from GBX 1,273 ($16.62) to GBX 1,702 ($22.22) in a report released on Friday. Credit Suisse Group AG currently has a neutral rating on the stock.
PSN has been the subject of a number of other reports. Canaccord Genuity restated a buy rating and set a GBX 1,970 ($25.71) price objective on shares of Persimmon plc in a research report on Tuesday, September 20th. Liberum Capital restated a hold rating and set a GBX 1,486 ($19.40) price objective on shares of Persimmon plc in a research report on Tuesday, September 6th. Deutsche Bank AG restated a hold rating and set a GBX 2,473 ($32.28) price objective on shares of Persimmon plc in a research report on Monday, July 4th. Peel Hunt reaffirmed a hold rating and set a GBX 2,200 ($28.72) target price on shares of Persimmon plc in a report on Tuesday, July 5th. Finally, Beaufort Securities reaffirmed a buy rating on shares of Persimmon plc in a report on Wednesday, August 24th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,841.09 ($24.03).
Shares of Persimmon plc (LON:PSN) opened at 1806.00 on Friday. The company’s 50-day moving average is GBX 1,795.00 and its 200-day moving average is GBX 1,855.84. The company’s market cap is GBX 5.56 billion. Persimmon plc has a one year low of GBX 1,170.00 and a one year high of GBX 2,255.00.
About Persimmon plc
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 Permission homes brand.
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