UBS analyst Marcus Cole maintained a Buy rating on Persimmon (PSN – Research Report) today and set a price target of p1,540.00. The company’s shares opened today at p1,140.50.
In addition to UBS, Persimmon also received a Buy from Citi’s Ami Galla in a report issued today. However, yesterday, RBC Capital maintained a Sell rating on Persimmon (LSE: PSN).
The company has a one-year high of p1,721.80 and a one-year low of p1,047.00. Currently, Persimmon has an average volume of 1.27M.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Persimmon (PSN) Company Description:
Persimmon PLC is a British construction company that focuses on residential projects. One of the largest homebuilders in the United Kingdom, Persimmon focuses on traditional single-family homes, with up to 90% of its home sales in this market. The company mainly builds lower-priced residential homes, with around half of its constructed homes selling for under EUR 200,000. It also participates in strategic land purchases around the United Kingdom for future housing development. The company annually completes over 10,000 homes.
