Deutsche Bank AG Reaffirms “Hold” Rating for Persimmon plc (PSN)
Several other equities analysts have also commented on PSN. Canaccord Genuity Group Inc. reaffirmed a hold rating and set a GBX 2,650 ($34.85) target price on shares of Persimmon in a report on Wednesday, November 8th. J P Morgan Chase & Co upped their target price on Persimmon from GBX 2,600 ($34.20) to GBX 2,800 ($36.83) and gave the company an overweight rating in a report on Friday, September 29th. Shore Capital reaffirmed a hold rating on shares of Persimmon in a report on Tuesday, August 29th. Liberum Capital reaffirmed a hold rating and set a GBX 2,382 ($31.33) target price on shares of Persimmon in a report on Monday, October 2nd. Finally, Peel Hunt upped their target price on Persimmon from GBX 2,375 ($31.24) to GBX 2,382 ($31.33) and gave the company a hold rating in a report on Tuesday, August 22nd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 2,534.87 ($33.34).
Persimmon (LON:PSN) opened at GBX 2,606.32 ($34.28) on Thursday. Persimmon has a fifty-two week low of GBX 1,646 ($21.65) and a fifty-two week high of GBX 2,901 ($38.16).
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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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