Liberum Capital reiterated their buy rating on shares of Persimmon plc (LON:PSN) in a research note published on Monday morning. The brokerage currently has a GBX 2,100 ($27.41) price target on the stock.
PSN has been the subject of several other research reports. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 2,092 ($27.31) price target on shares of Persimmon plc in a research report on Friday, September 2nd. Credit Suisse Group AG lifted their price target on Persimmon plc from GBX 1,273 ($16.62) to GBX 1,702 ($22.22) and gave the stock a neutral rating in a research report on Friday, September 23rd. Canaccord Genuity reaffirmed a buy rating and issued a GBX 1,970 ($25.71) price target on shares of Persimmon plc in a research report on Tuesday, September 20th. JPMorgan Chase & Co. raised Persimmon plc to an overweight rating and lowered their price target for the stock from GBX 2,100 ($27.41) to GBX 1,950 ($25.45) in a research report on Monday, August 15th. Finally, Citigroup Inc. reaffirmed a neutral rating and issued a GBX 1,775 ($23.17) price target on shares of Persimmon plc in a research 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 assigned a buy rating to the company’s stock. Persimmon plc has an average rating of Hold and an average price target of GBX 1,841.09 ($24.03).
Persimmon plc (LON:PSN) traded up 3.13% during midday trading on Monday, hitting GBX 1878.00. 1,268,593 shares of the stock were exchanged. The company’s 50 day moving average is GBX 1,808.28 and its 200-day moving average is GBX 1,849.21. Persimmon plc has a 1-year low of GBX 1,170.00 and a 1-year high of GBX 2,255.00. The stock’s market cap is GBX 5.78 billion.
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 Permission homes brand.
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