Shares of Persimmon plc (LON:PSN) have earned a consensus rating of “Hold” from the seventeen analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 2,437.17 ($31.75).

PSN has been the topic of several recent research reports. Jefferies Group LLC raised their price objective on Persimmon plc from GBX 2,102 ($27.38) to GBX 2,316 ($30.17) and gave the company a “hold” rating in a report on Monday, June 26th. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 2,265 ($29.51) target price on shares of Persimmon plc in a research report on Monday, May 8th. Peel Hunt reaffirmed a “hold” rating and set a GBX 2,260 ($29.44) target price on shares of Persimmon plc in a research report on Wednesday, June 21st. Liberum Capital raised their target price on Persimmon plc from GBX 2,161 ($28.15) to GBX 2,382 ($31.03) and gave the stock a “hold” rating in a research report on Wednesday, July 19th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 2,400 ($31.27) target price on shares of Persimmon plc in a research report on Thursday, April 6th.

Persimmon plc (PSN) traded up 1.31% during midday trading on Friday, reaching GBX 2473.00. The company had a trading volume of 1,102,583 shares. The stock has a 50-day moving average price of GBX 2,343.20 and a 200 day moving average price of GBX 2,199.56. Persimmon plc has a 12-month low of GBX 1,560.00 and a 12-month high of GBX 2,481.00. The company’s market capitalization is GBX 7.63 billion.

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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 Persimmon Homes brand.

Analyst Recommendations for Persimmon plc (LON:PSN)

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