UBS Group reaffirmed their buy rating on shares of Persimmon (LON:PSN) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

PSN has been the topic of a number of other research reports. Shore Capital restated a hold rating on shares of Persimmon in a research note on Tuesday, August 20th. Jefferies Financial Group restated a hold rating on shares of Persimmon in a research note on Tuesday, June 25th. Peel Hunt restated a hold rating on shares of Persimmon in a research note on Monday, August 19th. Canaccord Genuity restated a buy rating and set a GBX 2,720 ($35.54) price objective on shares of Persimmon in a research note on Tuesday, August 20th. Finally, Liberum Capital reiterated a buy rating on shares of Persimmon in a research note on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Persimmon has an average rating of Buy and a consensus target price of GBX 2,608.18 ($34.08).

Shares of PSN opened at GBX 1,909.50 ($24.95) on Thursday. The stock’s 50-day moving average is GBX 1,944.42 and its two-hundred day moving average is GBX 2,127.02. The stock has a market cap of $6.08 billion and a PE ratio of 6.80. Persimmon has a 12 month low of GBX 1,802.50 ($23.55) and a 12 month high of GBX 2,495 ($32.60).

In other Persimmon news, insider Rachel Kentleton purchased 658 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average price of GBX 2,041 ($26.67) per share, for a total transaction of £13,429.78 ($17,548.39).

Persimmon Company Profile

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.

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Analyst Recommendations for Persimmon (LON:PSN)

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