Deutsche Bank Boosts Persimmon (PSN) Price Target to GBX 2,464
Persimmon (LON:PSN) had its price objective upped by Deutsche Bank from GBX 2,403 ($32.18) to GBX 2,464 ($33.00) in a research note published on Thursday. They currently have a hold rating on the stock.
Other research analysts also recently issued reports about the stock. Beaufort Securities raised their price target on shares of Persimmon from GBX 2,600 ($34.82) to GBX 2,601 ($34.83) and gave the company a buy rating in a report on Wednesday, August 23rd. Canaccord Genuity reissued a buy rating and issued a GBX 2,570 ($34.42) price target on shares of Persimmon in a report on Tuesday, August 22nd. Peel Hunt reissued a hold rating and issued a GBX 2,720 ($36.43) price target on shares of Persimmon in a report on Wednesday, September 27th. Liberum Capital reissued a hold rating and issued a GBX 2,382 ($31.90) price target on shares of Persimmon in a report on Tuesday, August 22nd. Finally, Shore Capital downgraded shares of Persimmon to a hold rating in a report on Tuesday, August 22nd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 2,543.13 ($34.06).
Persimmon (PSN) opened at GBX 2,554.96 ($34.22) on Thursday. Persimmon has a fifty-two week low of GBX 1,646 ($22.04) and a fifty-two week high of GBX 2,901 ($38.85).
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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