Persimmon Plc (OTCMKTS:PSMMY) Given Average Recommendation of “Buy” by Analysts

Persimmon Plc (OTCMKTS:PSMMY) has been given an average rating of “Buy” by the five analysts that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Morgan Stanley reissued an “overweight” rating on shares of Persimmon in a report on Tuesday, April 14th.

Persimmon Price Performance

PSMMY stock opened at $27.62 on Friday. Persimmon has a 12 month low of $26.88 and a 12 month high of $41.84. The company’s 50-day moving average price is $29.27 and its two-hundred day moving average price is $33.62.

Persimmon Company Profile

Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.

Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.