Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $29.94, but opened at $28.52. Persimmon shares last traded at $28.67, with a volume of 3,562 shares.
Analysts Set New Price Targets
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Persimmon in a research note on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on PSMMY
Persimmon Stock Up 0.2%
About Persimmon
Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.
Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.
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