Peel Hunt Reiterates Hold Rating for Persimmon (LON:PSN)

Peel Hunt reiterated their hold rating on shares of Persimmon (LON:PSN) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently weighed in on PSN. Shore Capital restated a hold rating on shares of Persimmon in a research note on Tuesday, August 20th. Liberum Capital restated a buy rating on shares of Persimmon in a research note on Monday, July 15th. Goldman Sachs Group restated a buy rating on shares of Persimmon in a research note on Tuesday, August 13th. Jefferies Financial Group restated a buy rating and issued a GBX 2,438 ($31.86) price target on shares of Persimmon in a research note on Friday, September 27th. Finally, Deutsche Bank began coverage on Persimmon in a research note on Wednesday, September 4th. They issued a buy rating and a GBX 2,386 ($31.18) price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. Persimmon presently has an average rating of Buy and a consensus target price of GBX 2,538.42 ($33.17).

Persimmon stock opened at GBX 2,340 ($30.58) on Tuesday. Persimmon has a 1-year low of GBX 1,444.50 ($18.87) and a 1-year high of GBX 2,490 ($32.54). The company has a debt-to-equity ratio of 0.32, a current ratio of 2.85 and a quick ratio of 0.68. The stock has a market cap of $7.58 billion and a PE ratio of 8.43. The stock’s fifty day moving average is GBX 2,051.76 and its two-hundred day moving average is GBX 2,056.19.

About Persimmon

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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Analyst Recommendations for Persimmon (LON:PSN)

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