Persimmon (LON:PSN) had its target price raised by Peel Hunt from GBX 2,025 ($26.64) to GBX 2,830 ($37.23) in a research report sent to investors on Monday, Digital Look reports. Peel Hunt currently has a hold rating on the stock.

A number of other equities research analysts also recently commented on the company. Shore Capital reiterated a hold rating on shares of Persimmon in a research report on Thursday, November 7th. Peel Hunt reissued a hold rating and set a GBX 2,025 ($26.64) price objective on shares of Persimmon in a research note on Thursday, November 7th. Liberum Capital lifted their target price on Persimmon from GBX 2,800 ($36.83) to GBX 2,950 ($38.81) and gave the stock a buy rating in a report on Thursday, December 5th. Jefferies Financial Group boosted their target price on Persimmon from GBX 2,698 ($35.49) to GBX 2,893 ($38.06) and gave the stock a buy rating in a research report on Friday, December 13th. Finally, Canaccord Genuity upped their target price on Persimmon from GBX 2,720 ($35.78) to GBX 3,000 ($39.46) and gave the company a buy rating in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 2,818.31 ($37.07).

Persimmon stock opened at GBX 2,807 ($36.92) on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 2.85. The firm has a market cap of $8.95 billion and a price-to-earnings ratio of 10.11. Persimmon has a 1 year low of GBX 1,444.50 ($19.00) and a 1 year high of GBX 2,950 ($38.81). The firm’s 50 day moving average price is GBX 2,646.84 and its two-hundred day moving average price is GBX 2,241.35.

About Persimmon

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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Analyst Recommendations for Persimmon (LON:PSN)

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