Persimmon (PSN) Upgraded at Numis Securities
A number of other equities analysts have also recently issued reports on PSN. Canaccord Genuity Group reaffirmed a hold rating and issued a GBX 2,650 ($36.61) price objective on shares of Persimmon in a research note on Wednesday, November 8th. Peel Hunt reaffirmed a hold rating and issued a GBX 2,720 ($37.58) price objective on shares of Persimmon in a research note on Tuesday. Liberum Capital reiterated a hold rating and issued a GBX 2,740 ($37.86) target price on shares of Persimmon in a report on Tuesday. Deutsche Bank increased their target price on shares of Persimmon from GBX 2,464 ($34.04) to GBX 3,083 ($42.59) and gave the stock a hold rating in a report on Wednesday. Finally, JPMorgan Chase & Co. reiterated an overweight rating on shares of Persimmon in a report on Wednesday. Four analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 2,655.07 ($36.68).
Persimmon (LON:PSN) opened at GBX 2,584 ($35.70) on Wednesday. Persimmon has a 52 week low of GBX 2,046 ($28.27) and a 52 week high of GBX 2,901 ($40.08). The stock has a market cap of $7,980.00 and a P/E ratio of 1,063.37.
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Persimmon 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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