Persimmon plc (LON:PSN) Receives GBX 2,724.75 Average Target Price from Analysts
Persimmon plc (LON:PSN) has received a consensus rating of “Hold” from the fourteen brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 2,746.14 ($35.88).
Several equities research analysts recently weighed in on PSN shares. Shore Capital reissued a “hold” rating on shares of Persimmon in a report on Thursday, July 4th. Jefferies Financial Group reissued a “hold” rating on shares of Persimmon in a research report on Tuesday, June 25th. Canaccord Genuity reissued a “buy” rating and issued a GBX 2,720 ($35.54) price objective on shares of Persimmon in a research report on Thursday, July 4th. Goldman Sachs Group reissued a “buy” rating on shares of Persimmon in a research report on Tuesday. Finally, Peel Hunt reissued a “hold” rating on shares of Persimmon in a research report on Monday, July 29th.
In other news, insider Rachel Kentleton bought 658 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was acquired at an average cost of GBX 2,041 ($26.67) per share, with a total value of £13,429.78 ($17,548.39).
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.
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