Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) saw strong trading volume on Thursday . 26,709 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 28,121 shares.The stock last traded at $27.39 and had previously closed at $27.52.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Persimmon in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.
Read Our Latest Analysis on Persimmon
Persimmon Price Performance
Persimmon Company Profile
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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