Persimmon plc (LON:PSN) insider Rachel Kentleton acquired 751 shares of the stock in a transaction on Thursday, April 12th. The shares were bought at an average price of GBX 2,663 ($37.64) per share, with a total value of £19,999.13 ($28,267.32).
Rachel Kentleton also recently made the following trade(s):
- On Wednesday, March 14th, Rachel Kentleton acquired 545 shares of Persimmon stock. The shares were bought at an average price of GBX 2,547 ($36.00) per share, with a total value of £13,881.15 ($19,620.00).
Shares of PSN stock traded up GBX 14 ($0.20) during mid-day trading on Friday, hitting GBX 2,674 ($37.80). The company’s stock had a trading volume of 416,408 shares, compared to its average volume of 1,520,000. Persimmon plc has a 52-week low of GBX 2,046 ($28.92) and a 52-week high of GBX 2,901 ($41.00).
A number of research analysts have issued reports on the company. Liberum Capital upgraded Persimmon to a “buy” rating and lifted their price objective for the company from GBX 2,740 ($38.73) to GBX 2,840 ($40.14) in a research note on Friday. Jefferies Group lifted their price objective on Persimmon from GBX 2,516 ($35.56) to GBX 2,694 ($38.08) and gave the company a “hold” rating in a research note on Tuesday, March 20th. Barclays reiterated an “underweight” rating and set a GBX 2,551 ($36.06) price objective on shares of Persimmon in a research note on Monday, March 19th. Shore Capital reiterated a “sell” rating on shares of Persimmon in a research note on Thursday, March 8th. Finally, Credit Suisse Group lifted their price objective on Persimmon from GBX 2,529 ($35.75) to GBX 2,840 ($40.14) and gave the company a “neutral” rating in a research note on Monday, March 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. Persimmon presently has a consensus rating of “Hold” and a consensus target price of GBX 2,757.08 ($38.97).
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Persimmon Company Profile
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; builds executive housing under the Charles Church brand; and operates off-site manufacturing plant. It also provides homes to housing associations under the Westbury Partnerships brand.
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