PERSIMMON/ADR (OTCMKTS:PSMMY) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of PERSIMMON/ADR (OTCMKTS:PSMMY) from a sell rating to a hold rating in a report issued on Wednesday, Zacks.com reports.

According to Zacks, “Persimmon plc designs, develops and builds residential housing. It operates primarily under brand name Persimmon Homes which offers studio apartments and family homes. The Charles Church brand provides premium homes. The Space4 brand engaged in timber frame manufacturing and Westbury Partnership deals. Persimmon plc is headquartered in Fulford, the United Kingdom. “

Separately, ValuEngine raised PERSIMMON/ADR from a sell rating to a hold rating in a research report on Wednesday, September 4th.



PERSIMMON/ADR stock opened at $53.42 on Wednesday. The stock’s 50 day moving average price is $47.38 and its 200 day moving average price is $52.86. The firm has a market capitalization of $8.31 billion, a PE ratio of 7.06, a price-to-earnings-growth ratio of -2.20 and a beta of 0.81. PERSIMMON/ADR has a one year low of $44.33 and a one year high of $67.00.

About PERSIMMON/ADR

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.

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