Persimmon (LON:PSN) Price Target Raised to GBX 1,819

Persimmon (LON:PSN) had its price objective upped by Jefferies Financial Group from GBX 1,815 to GBX 1,819 in a report released on Monday, MarketBeat Ratings reports. Jefferies Financial Group currently has a buy rating on the stock.

PSN has been the topic of several other reports. JPMorgan Chase & Co. lifted their price target on shares of Persimmon from GBX 1,520 to GBX 1,800 and gave the company an “overweight” rating in a report on Thursday, December 4th. Peel Hunt restated a “buy” rating and issued a GBX 1,330 target price on shares of Persimmon in a research report on Thursday, November 13th. Citigroup boosted their target price on shares of Persimmon from GBX 1,613 to GBX 1,615 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group began coverage on shares of Persimmon in a report on Monday, November 24th. They set a “buy” rating and a GBX 1,446 price target for the company. Finally, Deutsche Bank Aktiengesellschaft cut Persimmon to a “hold” rating and set a GBX 1,419 price target for the company. in a research note on Thursday, January 15th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Persimmon presently has an average rating of “Moderate Buy” and an average target price of GBX 1,513.

Persimmon Stock Down 0.9%

Shares of LON PSN opened at GBX 1,401.50 on Monday. The company has a current ratio of 4.09, a quick ratio of 1.04 and a debt-to-equity ratio of 4.91. The company has a market cap of £4.49 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 0.83 and a beta of 1.37. Persimmon has a 12 month low of GBX 1,030.50 and a 12 month high of GBX 1,454. The stock has a 50-day moving average price of GBX 1,331.73 and a two-hundred day moving average price of GBX 1,216.21.

Persimmon Company Profile

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4. Further, it offers concrete bricks and roof tile. Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.