Persimmon PLC (LON:PSN) has been reiterated to Overweight in a statement by JP Morgan Cazenove earlier today.


JP Morgan Cazenove has reiterated Persimmon PLC (LON:PSN) to Overweight in a report released on Monday July 03, 2017.

Just yesterday Persimmon PLC (LON:PSN) traded 1.98% higher at 2,331.00GBX. The company’s 50-day moving average is 2,472.03GBX and its 200-day moving average is 2,288.77GBX. The last closing price is up 14.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 1,136,379 shares of Persimmon PLC exchanged hands, down from an avg. volume of 1,387,020

Recent Performance Chart

Persimmon PLC (LON:PSN)

Persimmon PLC has PE ratio of 13.36 with a one year low of 1,600.00GBX and a one year high of 2,650.00GBX and has a market capitalization of 0 GBX.

A total of 13 analysts have released a research note on the stock. 1 firm rating the stock a strong buy, two brokerages rating the company a buy, eleven brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 1,846.54GBX.

More About Persimmon PLC (LON:PSN)

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. The Company builds homes under Charles Church brand in a range of locations. The Company focuses on affordable social housing and sells these homes under Westbury Partnerships. The Space4 business operates an off-site manufacturing plant producing timber frames, insulated wall panels and roof cassettes as a fabric first solution to the construction of new homes.

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