Persimmon plc (PSN) Stock Rating Lowered by Shore Capital

Persimmon plc (LON:PSN) was downgraded by Shore Capital to a “hold” rating in a report released on Tuesday.

Other analysts also recently issued research reports about the company. Liberum Capital restated a “hold” rating and set a GBX 2,161 ($28.05) target price on shares of Persimmon plc in a research note on Thursday, April 27th. Numis Securities Ltd restated a “hold” rating and set a GBX 2,716 ($35.26) target price on shares of Persimmon plc in a research note on Tuesday. Deutsche Bank AG restated a “hold” rating on shares of Persimmon plc in a research note on Monday, April 24th. Peel Hunt restated a “hold” rating on shares of Persimmon plc in a research note on Wednesday, July 5th. Finally, Barclays PLC increased their target price on Persimmon plc from GBX 2,123 ($27.56) to GBX 2,566 ($33.31) and gave the company an “equal weight” rating in a research note on Thursday, July 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 2,409 ($31.27).

Shares of Persimmon plc (PSN) opened at 2580.00 on Tuesday. The firm’s market cap is GBX 7.96 billion. The stock’s 50 day moving average is GBX 2,462.84 and its 200 day moving average is GBX 2,286.34. Persimmon plc has a 12 month low of GBX 1,600.00 and a 12 month high of GBX 2,650.00.

TRADEMARK VIOLATION WARNING: “Persimmon plc (PSN) Stock Rating Lowered by Shore Capital” was first published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international trademark and copyright legislation. The legal version of this article can be read at https://www.truebluetribune.com/2017/08/24/persimmon-plc-psn-stock-rating-lowered-by-shore-capital.html.

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.

Analyst Recommendations for Persimmon plc (LON:PSN)

Receive News & Ratings for Persimmon plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon plc and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Popular posts from this blog

Los Arboles Apartments - 17 Photos - Apartments - 201 4th St, Del Mar, Del Mar, CA - Phone Number

Charlotte affordable housing forum raises possible solutions

Parents of Student Murdered by Maintenance Man Sue Apartment Complex