Persimmon (PSN) Price Target Raised to GBX 2,800 at Liberum Capital

Persimmon (LON:PSN) had its target price hoisted by Liberum Capital from GBX 2,700 ($35.28) to GBX 2,800 ($36.59) in a research note released on Monday morning. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity reaffirmed a buy rating and issued a GBX 2,870 ($37.50) price target on shares of Persimmon in a report on Wednesday, November 7th. Shore Capital reaffirmed a buy rating on shares of Persimmon in a report on Tuesday, January 15th. Bank of America raised shares of Persimmon to a buy rating and upped their price target for the stock from GBX 2,200 ($28.75) to GBX 2,400 ($31.36) in a report on Friday, January 11th. Peel Hunt reaffirmed a hold rating on shares of Persimmon in a report on Tuesday, January 15th. Finally, Berenberg Bank decreased their price target on shares of Persimmon from GBX 2,760 ($36.06) to GBX 2,670 ($34.89) and set a hold rating on the stock in a report on Monday, January 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 2,656.83 ($34.72).

Persimmon stock opened at GBX 2,445 ($31.95) on Monday. Persimmon has a fifty-two week low of GBX 2,046 ($26.73) and a fifty-two week high of GBX 2,901 ($37.91).

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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Analyst Recommendations for Persimmon (LON:PSN)

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