Persimmon plc (PSN) Price Target Raised to GBX 2,800 at J P Morgan Chase & Co
Persimmon plc (LON:PSN) had its price objective boosted by J P Morgan Chase & Co from GBX 2,600 ($34.49) to GBX 2,800 ($37.14) in a report released on Friday. The firm currently has an overweight rating on the stock.
PSN has been the topic of a number of other reports. Barclays PLC increased their price objective on shares of Persimmon plc from GBX 2,123 ($28.16) to GBX 2,566 ($34.04) and gave the company an equal weight rating in a research note on Thursday, July 13th. Liberum Capital upped their target price on Persimmon plc from GBX 2,161 ($28.66) to GBX 2,382 ($31.60) and gave the company a hold rating in a research report on Wednesday, July 19th. Shore Capital restated a buy rating on shares of Persimmon plc in a report on Wednesday, July 5th. Peel Hunt restated a hold rating and set a GBX 2,260 ($29.98) price target on shares of Persimmon plc in a research note on Wednesday, June 21st. Finally, Deutsche Bank AG restated a hold rating and issued a GBX 2,340 ($31.04) target price on shares of Persimmon plc in a research note on Tuesday, July 4th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 2,488.29 ($33.01).
Shares of Persimmon plc (LON:PSN) opened at 2690.00 on Friday. The stock has a 50 day moving average price of GBX 2,550.08 and a 200-day moving average price of GBX 2,387.72. Persimmon plc has a one year low of GBX 1,600.00 and a one year high of GBX 2,692.00. The company’s market capitalization is GBX 8.30 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.
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