Persimmon plc’s (PSN) Hold Rating Reiterated at Deutsche Bank AG
Persimmon plc (LON:PSN)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. They currently have a GBX 2,092 ($27.31) price target on the stock. Deutsche Bank AG’s price objective would indicate a potential upside of 14.88% from the stock’s current price.
Several other brokerages also recently weighed in on PSN. Canaccord Genuity reissued a “hold” rating and issued a GBX 2,170 ($28.33) price target on shares of Persimmon plc in a report on Tuesday, July 5th. Credit Suisse Group AG raised their price target on Persimmon plc from GBX 1,273 ($16.62) to GBX 1,702 ($22.22) and gave the stock a “neutral” rating in a report on Friday, September 23rd. Liberum Capital raised Persimmon plc to a “buy” rating and raised their price target for the stock from GBX 1,486 ($19.40) to GBX 2,100 ($27.41) in a report on Friday, September 23rd. Barclays PLC lowered their price target on Persimmon plc from GBX 2,167.20 ($28.29) to GBX 1,587.20 ($20.72) and set an “equal weight” rating for the company in a report on Thursday, July 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 905 ($11.81) price target on shares of Persimmon plc in a report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,841.09 ($24.03).
Persimmon plc (LON:PSN) opened at 1821.00 on Tuesday. Persimmon plc has a 12 month low of GBX 1,170.00 and a 12 month high of GBX 2,255.00. The firm’s 50-day moving average is GBX 1,808.28 and its 200-day moving average is GBX 1,849.21. The company’s market cap is GBX 5.60 billion.
About Persimmon plc
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 Permission homes brand.
Receive News & Ratings for Persimmon plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon plc and related companies with MarketBeat.com's FREE daily email newsletter.