Persimmon plc (LON:PSN)‘s stock had its “hold” rating reaffirmed by stock analysts at Shore Capital in a research report issued on Tuesday.

A number of other equities analysts have also recently issued reports on the stock. Jefferies Group LLC lifted their target price on shares of Persimmon plc from GBX 2,316 ($29.95) to GBX 2,442 ($31.58) and gave the stock a “hold” rating in a research report on Wednesday, August 23rd. Canaccord Genuity lifted their target price on shares of Persimmon plc from GBX 2,570 ($33.24) to GBX 2,650 ($34.27) and gave the stock a “hold” rating in a research report on Wednesday, August 23rd. Beaufort Securities lifted their target price on shares of Persimmon plc from GBX 2,600 ($33.63) to GBX 2,601 ($33.64) and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. J P Morgan Chase & Co cut their target price on shares of Persimmon plc from GBX 2,600 ($33.63) to GBX 2,556 ($33.06) and set an “overweight” rating for the company in a research report on Wednesday, August 23rd. Finally, Liberum Capital restated a “hold” rating and set a GBX 2,382 ($30.81) target price on shares of Persimmon plc in a research report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 2,409 ($31.16).

Shares of Persimmon plc (PSN) opened at 2621.00 on Tuesday. The firm has a 50-day moving average price of GBX 2,482.28 and a 200-day moving average price of GBX 2,293.55. The stock’s market cap is GBX 8.09 billion. Persimmon plc has a 52 week low of GBX 1,600.00 and a 52 week high of GBX 2,650.00.

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About Persimmon plc

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.

Analyst Recommendations for Persimmon plc (LON:PSN)

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