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Liberum Capital announced Persimmon PLC (LON:PSN), boosting its stock price target to 2,100.00GBX today

In a report released on Friday September 23, 2016 Liberum Capital increased the stock price target of Persimmon PLC (LON:PSN) from 1,486.00GBX to 2,100.00GBX reporting a possible upside of 0.14%.

Previously on 9/20/2016, Canaccord Genuity released a statement about Persimmon PLC (LON:PSN) held steady the target price at 1,970.00GBX. At the time, this indicated a possible upside of 0.12%.

Just yesterday Persimmon PLC (LON:PSN) traded 0.90% higher at 1,848.00GBX. Persimmon PLC’s 50-day moving average is 1,782.69GBX and its 200-day moving average is 1,860.38GBX. The last stock price is down -3.41% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 952,700 shares of PSN traded hands, down from an average trading volume of 2,163,830

Recent Performance Chart

Persimmon PLC (LON:PSN)

Persimmon PLC has 52 week low of 1,170.00GBX and a 52 week high of 2,255.00GBX with a PE ratio of 9.98 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is 1,846.54GBX with 1 brokerage rating the stock a strong buy, 2 brokerages rating the stock a buy, 11 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Persimmon PLC (LON:PSN)

Persimmon Plc is a United Kingdom-based holding company. The Company is engaged in house building within the United Kingdom. The Company trades under the brand names of Persimmon Homes, Charles Church, Westbury Partnerships and Space4. The Company offers a range of homes from studio apartments to family homes in approximately 400 locations under Permission homes brand. The Company builds homes tailored to local markets under Charles Church brand. The Company focuses on social housing and sells these homes under Westbury Partnerships. The Company's Space4 business operates the automated timber frame manufacturing plant in the United Kingdom. The Company owns approximately 17,700 acres and over 54,300 plots. The Company operates through a network of approximately 30 regional offices.

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