Liberum Capital Reaffirms “Hold” Rating for Persimmon plc (PSN)

Liberum Capital reissued their hold rating on shares of Persimmon plc (LON:PSN) in a research report report published on Friday morning. Liberum Capital currently has a GBX 2,161 ($27.34) target price on the stock.

Several other research firms have also recently weighed in on PSN. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 2,069 ($26.17) price target on shares of Persimmon plc in a report on Friday, February 17th. Shore Capital reaffirmed a buy rating on shares of Persimmon plc in a report on Monday, February 27th. Peel Hunt reaffirmed a hold rating and issued a GBX 2,120 ($26.82) price target on shares of Persimmon plc in a report on Monday, February 27th. Beaufort Securities reaffirmed a buy rating on shares of Persimmon plc in a report on Tuesday, February 28th. Finally, J P Morgan Chase & Co reaffirmed an overweight rating on shares of Persimmon plc in a report on Tuesday, February 28th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 2,144.08 ($27.12).

Shares of Persimmon plc (PSN) opened at 2275.00 on Friday. Persimmon plc has a one year low of GBX 1,170.00 and a one year high of GBX 2,481.00. The firm has a 50 day moving average price of GBX 2,398.89 and a 200-day moving average price of GBX 2,079.04. The firm’s market cap is GBX 7.02 billion.

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Persimmon plc 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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