Persimmon (PSN) Given Overweight Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their overweight rating on shares of Persimmon (LON:PSN) in a report released on Monday. JPMorgan Chase & Co. currently has a GBX 2,950 ($40.01) price target on the stock.
Several other analysts have also commented on the company. Canaccord Genuity reissued a hold rating and issued a GBX 2,650 ($35.94) price objective on shares of Persimmon in a report on Wednesday, November 8th. Peel Hunt reissued a hold rating and issued a GBX 2,720 ($36.89) price objective on shares of Persimmon in a report on Wednesday, November 8th. Barclays lowered Persimmon to an underweight rating and raised their price objective for the company from GBX 2,566 ($34.80) to GBX 2,711 ($36.76) in a report on Monday, October 30th. Shore Capital reissued a sell rating on shares of Persimmon in a report on Wednesday, November 8th. Finally, Deutsche Bank reissued a hold rating on shares of Persimmon in a report on Thursday, November 23rd. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 2,577 ($34.95).
Shares of Persimmon (PSN) opened at GBX 2,627 ($35.63) on Monday. Persimmon has a 1-year low of GBX 1,884 ($25.55) and a 1-year high of GBX 2,901 ($39.34). The company has a market capitalization of $8,110.00 and a P/E ratio of 1,178.03.
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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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