Persimmon (PSN) Price Target Increased to GBX 2,464 by Analysts at Deutsche Bank

Persimmon (LON:PSN) had its target price lifted by Deutsche Bank from GBX 2,403 ($32.18) to GBX 2,464 ($33.00) in a research report released on Thursday morning. They currently have a hold rating on the stock.

A number of other equities analysts have also recently weighed in on PSN. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 2,800 ($37.50) price objective on shares of Persimmon in a research report on Tuesday, November 7th. Canaccord Genuity restated a hold rating and issued a GBX 2,650 ($35.49) target price on shares of Persimmon in a research note on Wednesday, November 8th. Numis Securities reiterated a hold rating and set a GBX 2,716 ($36.37) price objective on shares of Persimmon in a research note on Tuesday, August 22nd. Barclays lowered shares of Persimmon to an underweight rating and increased their price objective for the stock from GBX 2,566 ($34.36) to GBX 2,711 ($36.31) in a research note on Monday, October 30th. Finally, Peel Hunt restated a hold rating and issued a GBX 2,720 ($36.43) price target on shares of Persimmon in a research note on Wednesday, November 8th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 2,543.13 ($34.06).

Shares of Persimmon (PSN) traded up GBX 12 ($0.16) on Thursday, reaching GBX 2,552 ($34.18). The company’s stock had a trading volume of 1,472,403 shares, compared to its average volume of 1,590,000. Persimmon has a 52 week low of GBX 1,646 ($22.04) and a 52 week high of GBX 2,901 ($38.85).

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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.

Analyst Recommendations for Persimmon (LON:PSN)

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