Persimmon (LON:PSN) had its target price boosted by equities researchers at Deutsche Bank from GBX 2,403 ($32.18) to GBX 2,464 ($33.00) in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price suggests a potential downside of 4.16% from the stock’s current price.

Several other equities research analysts have also issued reports on PSN. Peel Hunt raised their target price on shares of Persimmon from GBX 2,375 ($31.81) to GBX 2,382 ($31.90) and gave the stock a “hold” rating in a report on Tuesday, August 22nd. Numis Securities restated a “hold” rating and issued a GBX 2,716 ($36.37) target price on shares of Persimmon in a report on Tuesday, August 22nd. Shore Capital lowered shares of Persimmon to a “hold” rating in a report on Tuesday, August 22nd. Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,382 ($31.90) price target on shares of Persimmon in a research note on Tuesday, August 22nd. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 2,570 ($34.42) price target on shares of Persimmon in a research note on Tuesday, August 22nd. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 2,543.13 ($34.06).

Shares of Persimmon (LON PSN) opened at GBX 2,571 ($34.43) on Thursday. Persimmon has a twelve month low of GBX 1,646 ($22.04) and a twelve month high of GBX 2,901 ($38.85).

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About Persimmon

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 (LON:PSN)

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