Persimmon (PSN) Price Target Raised to GBX 2,950 at J P Morgan Chase & Co
Persimmon (LON:PSN) had its target price boosted by J P Morgan Chase & Co from GBX 2,800 ($37.69) to GBX 2,950 ($39.70) in a report published on Thursday morning. The brokerage currently has an overweight rating on the stock.
Several other analysts have also issued reports on PSN. Canaccord Genuity Group reaffirmed a hold rating and set a GBX 2,650 ($35.67) price target on shares of Persimmon in a research report on Wednesday, November 8th. Shore Capital reaffirmed a hold rating on shares of Persimmon in a research report on Tuesday, August 29th. Liberum Capital reaffirmed a hold rating and set a GBX 2,382 ($32.06) price target on shares of Persimmon in a research report on Monday, October 2nd. Peel Hunt reaffirmed a hold rating and set a GBX 2,720 ($36.61) price target on shares of Persimmon in a research report on Wednesday, September 27th. Finally, Canaccord Genuity upped their price target on shares of Persimmon from GBX 2,570 ($34.59) to GBX 2,650 ($35.67) and gave the stock a hold rating in a research report on Wednesday, August 23rd. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Persimmon currently has a consensus rating of Hold and an average target price of GBX 2,553.13 ($34.36).
Shares of Persimmon (LON:PSN) opened at GBX 2,661 ($35.81) on Thursday. Persimmon has a 1 year low of GBX 1,704 ($22.93) and a 1 year high of GBX 2,901 ($39.04).
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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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