Persimmon (LON: PSN) recently received a number of ratings updates from brokerages and research firms:

  • 3/22/2019 – Persimmon had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 3/21/2019 – Persimmon had its “hold” rating reaffirmed by analysts at Peel Hunt.
  • 3/21/2019 – Persimmon had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 3/6/2019 – Persimmon had its price target lowered by analysts at Berenberg Bank from GBX 2,670 ($34.89) to GBX 2,630 ($34.37). They now have a “hold” rating on the stock.
  • 3/4/2019 – Persimmon had its “underweight” rating reaffirmed by analysts at Barclays PLC.
  • 2/27/2019 – Persimmon had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 2/26/2019 – Persimmon had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 2/25/2019 – Persimmon had its “hold” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 2,025 ($26.46) price target on the stock.
  • 2/25/2019 – Persimmon had its “buy” rating reaffirmed by analysts at Liberum Capital.
  • 2/11/2019 – Persimmon had its price target raised by analysts at Barclays PLC from GBX 2,474 ($32.33) to GBX 2,487 ($32.50). They now have an “underweight” rating on the stock.
  • 2/11/2019 – Persimmon had its price target raised by analysts at Liberum Capital from GBX 2,700 ($35.28) to GBX 2,800 ($36.59). They now have a “buy” rating on the stock.
  • 1/28/2019 – Persimmon had its price target lowered by analysts at Berenberg Bank from GBX 2,760 ($36.06) to GBX 2,670 ($34.89). They now have a “hold” rating on the stock.

LON PSN traded up GBX 17 ($0.22) during trading hours on Monday, hitting GBX 2,155 ($28.16). 918,358 shares of the stock were exchanged, compared to its average volume of 1,520,000. The stock has a market capitalization of $6.77 billion and a P/E ratio of 7.67. Persimmon plc has a 12-month low of GBX 1,825.50 ($23.85) and a 12-month high of GBX 2,913 ($38.06).

The company also recently declared a dividend, which will be paid on Tuesday, July 2nd. Investors of record on Thursday, June 13th will be issued a dividend of GBX 110 ($1.44) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a yield of 4.68%. Persimmon’s dividend payout ratio is currently 0.84%.

In related news, insider M H. Killoran sold 5,088 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of GBX 2,444 ($31.94), for a total transaction of £124,350.72 ($162,486.24).

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; builds executive housing under the Charles Church brand; and operates off-site manufacturing plant. It also provides homes to housing associations under the Westbury Partnerships brand.

Read More: Return On Assets

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