Persimmon (PSN) Upgraded to “Add” by Numis Securities
A number of other equities research analysts have also weighed in on PSN. Canaccord Genuity Group reissued a hold rating and issued a GBX 2,650 ($36.61) target price on shares of Persimmon in a research note on Wednesday, November 8th. Peel Hunt reissued a hold rating and issued a GBX 2,720 ($37.58) target price on shares of Persimmon in a research note on Tuesday, February 27th. Liberum Capital reissued a hold rating and issued a GBX 2,740 ($37.86) target price on shares of Persimmon in a research note on Tuesday, February 27th. Deutsche Bank boosted their target price on Persimmon from GBX 2,464 ($34.04) to GBX 3,083 ($42.59) and gave the company a hold rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Persimmon in a research note on Wednesday. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 2,655.07 ($36.68).
Shares of Persimmon (LON:PSN) opened at GBX 2,584 ($35.70) on Wednesday. Persimmon has a 52 week low of GBX 2,046 ($28.27) and a 52 week high of GBX 2,901 ($40.08). The firm has a market capitalization of $7,980.00 and a PE ratio of 1,063.37.
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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