Shares of Persimmon plc (LON:PSN) have been given a consensus rating of “Hold” by the fourteen analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 2,767.17 ($36.16).
Several brokerages recently weighed in on PSN. Shore Capital restated a “hold” rating on shares of Persimmon in a research report on Thursday, July 4th. Canaccord Genuity restated a “buy” rating and set a GBX 2,720 ($35.54) price objective on shares of Persimmon in a research report on Thursday, July 4th. Jefferies Financial Group restated a “hold” rating on shares of Persimmon in a research report on Tuesday, June 25th. Liberum Capital restated a “buy” rating on shares of Persimmon in a research report on Monday, July 15th. Finally, Peel Hunt restated a “hold” rating on shares of Persimmon in a research report on Monday, July 29th.
In other Persimmon news, insider Rachel Kentleton acquired 658 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The stock was acquired at an average cost of GBX 2,041 ($26.67) per share, for a total transaction of £13,429.78 ($17,548.39).
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; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.
Read More: Why do company’s buyback their stock?
Receive News & Ratings for Persimmon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon and related companies with MarketBeat.com's FREE daily email newsletter.