Persimmon (LON:PSN) had its target price increased by Liberum Capital from GBX 2,382 ($31.85) to GBX 2,740 ($36.64) in a research note issued on Wednesday. The firm presently has a “hold” rating on the stock. Liberum Capital’s price objective points to a potential downside of 1.52% from the stock’s current price.
Several other research analysts also recently weighed in on PSN. Bank of America reaffirmed an “underperform” rating and set a GBX 2,230 ($29.82) target price on shares of Persimmon in a research note on Tuesday, September 12th. Peel Hunt reaffirmed a “hold” rating and set a GBX 2,720 ($36.37) target price on shares of Persimmon in a research note on Wednesday, September 27th. JPMorgan Chase & Co. upped their target price on Persimmon from GBX 2,600 ($34.76) to GBX 2,800 ($37.44) and gave the stock an “overweight” rating in a research note on Friday, September 29th. Barclays downgraded Persimmon to an “underweight” rating and upped their target price for the stock from GBX 2,566 ($34.31) to GBX 2,711 ($36.25) in a research note on Monday, October 30th. Finally, Citigroup reaffirmed a “neutral” rating and set a GBX 2,860 ($38.24) target price on shares of Persimmon in a research note on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Persimmon presently has a consensus rating of “Hold” and an average price target of GBX 2,577 ($34.46).
Persimmon (PSN) opened at GBX 2,782.41 ($37.20) on Wednesday. The firm has a market capitalization of $8,500.00 and a P/E ratio of 1,247.72. Persimmon has a 52 week low of GBX 1,744.59 ($23.33) and a 52 week high of GBX 2,901 ($38.79).
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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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