Persimmon (LON:PSN) Earns Hold Rating from Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Persimmon (LON:PSN) in a research note released on Tuesday, ThisIsMoney.Co.Uk reports.

Several other research analysts also recently issued reports on PSN. UBS Group set a €74.00 ($86.05) price target on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Thursday, July 4th. Goldman Sachs Group set a $13.00 price target on shares of Ford Motor and gave the stock a buy rating in a research report on Thursday, June 13th. Liberum Capital reiterated a buy rating on shares of Air Partner in a research report on Thursday, July 4th. Canaccord Genuity upped their price target on shares of Alimentation Couche-Tard from C$78.00 to C$82.00 and gave the stock a buy rating in a research report on Thursday, July 4th. Finally, Shore Capital reiterated a house stock rating on shares of Global Ports in a research report on Thursday, July 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Persimmon presently has an average rating of Hold and a consensus target price of GBX 2,617.08 ($34.20).

Shares of LON PSN opened at GBX 1,989.50 ($26.00) on Tuesday. The stock’s 50-day moving average is GBX 1,965.92. The firm has a market cap of $6.34 billion and a P/E ratio of 7.09. Persimmon has a 12-month low of GBX 1,825.50 ($23.85) and a 12-month high of GBX 2,523 ($32.97).

In other news, insider Rachel Kentleton acquired 658 shares of the company’s stock in a transaction on Monday, June 10th. The stock was purchased at an average cost of GBX 2,041 ($26.67) per share, with a total value of £13,429.78 ($17,548.39).

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; 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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