Persimmon Plc (PSMMY) – What Are Brokerages Saying About This Stock?

Shares of Persimmon Plc (OTCMKTS:PSMMY) have been given an average recommendation of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company.

PSMMY has been the topic of a number of recent research reports. UBS Group initiated coverage on Persimmon in a research report on Wednesday, September 9th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised Persimmon from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. Finally, Zacks Research raised shares of Persimmon from a “strong sell” rating to a “hold” rating in a research note on Friday, August 14th.

Persimmon Price Performance

PSMMY stock opened at $34.06 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 4.21 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average of $32.52 and a 200-day moving average of $31.90. Persimmon has a fifty-two week low of $26.71 and a fifty-two week high of $41.84.

About Persimmon

Persimmon plc is a United Kingdom homebuilder that develops and sells new homes to buyers across a range of market segments. Its homes include apartments and houses designed for first-time buyers, families and other purchasers. The company operates through brands including Persimmon Homes and Charles Church, and also works with housing partners to deliver homes for rent and affordable housing. Its developments are located across the UK. Founded in 1972, Persimmon has grown into one of the country’s established residential developers.