Persimmon plc (PSN) Rating Reiterated by Citigroup Inc.
Persimmon plc (LON:PSN)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup Inc. in a research note issued on Wednesday. They presently have a GBX 2,860 ($37.74) target price on the stock. Citigroup Inc.’s price target would indicate a potential upside of 0.85% from the company’s previous close.
PSN has been the subject of a number of other research reports. Liberum Capital reiterated a “hold” rating and issued a GBX 2,382 ($31.43) price objective on shares of Persimmon plc in a research note on Tuesday, August 22nd. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 2,716 ($35.84) price objective on shares of Persimmon plc in a research note on Tuesday, August 22nd. Deutsche Bank AG reiterated a “hold” rating on shares of Persimmon plc in a research note on Friday, September 1st. Peel Hunt reissued a “hold” rating on shares of Persimmon plc in a report on Wednesday, July 5th. Finally, Barclays PLC boosted their target price on Persimmon plc from GBX 2,123 ($28.02) to GBX 2,566 ($33.86) and gave the company an “equal weight” rating in a report on Thursday, July 13th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Persimmon plc has an average rating of “Hold” and a consensus target price of GBX 2,526.64 ($33.34).
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Persimmon plc Company Profile
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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