Persimmon plc’s (PSN) Hold Rating Reiterated at Liberum Capital
Liberum Capital reaffirmed their hold rating on shares of Persimmon plc (LON:PSN) in a research note issued to investors on Wednesday. The brokerage currently has a GBX 2,382 ($31.33) price target on the stock.
PSN has been the topic of several other reports. J P Morgan Chase & Co reduced their target price on Persimmon plc from GBX 2,600 ($34.20) to GBX 2,556 ($33.62) and set an overweight rating on the stock in a report on Wednesday, August 23rd. Shore Capital reissued a hold rating on shares of Persimmon plc in a report on Tuesday, August 29th. Bank of America Corporation reissued an underperform rating and set a GBX 2,230 ($29.33) target price on shares of Persimmon plc in a report on Tuesday, September 12th. Beaufort Securities increased their target price on Persimmon plc from GBX 2,600 ($34.20) to GBX 2,601 ($34.21) and gave the stock a buy rating in a report on Wednesday, August 23rd. Finally, Deutsche Bank AG reissued a hold rating on shares of Persimmon plc in a report on Friday, September 1st. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 2,526.64 ($33.23).
Persimmon plc (LON PSN) traded up GBX 11 ($0.14) on Wednesday, hitting GBX 2,673 ($35.16). The stock had a trading volume of 1,865,916 shares, compared to its average volume of 1,530,000. Persimmon plc has a 12 month low of GBX 1,646 ($21.65) and a 12 month high of GBX 2,901 ($38.16).
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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