Persimmon (LON:PSN) Receives “Buy” Rating from UBS Group
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).
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.
Featured Article: What is Green Investing?
Receive News & Ratings for Persimmon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon and related companies with MarketBeat.com's FREE daily email newsletter.