Persimmon plc (PSN) Receives GBX 2,473.67 Average PT from Analysts
Persimmon plc (LON:PSN) has been given a consensus recommendation of “Hold” by the eighteen research firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,454.92 ($31.71).
A number of equities research analysts have recently commented on PSN shares. Beaufort Securities reduced their target price on shares of Persimmon plc from GBX 2,800 ($36.16) to GBX 2,600 ($33.58) and set a “buy” rating for the company in a report on Thursday, July 6th. Shore Capital reaffirmed a “buy” rating on shares of Persimmon plc in a report on Wednesday, July 5th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 2,570 ($33.19) target price on shares of Persimmon plc in a report on Tuesday, August 22nd. Barclays PLC upped their target price on shares of Persimmon plc from GBX 2,123 ($27.42) to GBX 2,566 ($33.14) and gave the company an “equal weight” rating in a report on Thursday, July 13th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 2,340 ($30.22) target price on shares of Persimmon plc in a report on Tuesday, July 4th.
Shares of Persimmon plc (PSN) traded down 2.04% during midday trading on Friday, reaching GBX 2503.00. The company’s stock had a trading volume of 1,696,455 shares. The company has a 50 day moving average of GBX 2,544.84 and a 200-day moving average of GBX 2,344.93. Persimmon plc has a 52 week low of GBX 1,600.00 and a 52 week high of GBX 2,669.00. The stock’s market capitalization is GBX 7.72 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 Persimmon Homes brand.
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