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Persimmon PLC (LON:PSN) target price raised to 2,468.00GBX, reported today by Citigroup

Persimmon PLC (LON:PSN) had its target bumped up to 2,468.00GBX by Citigroup in an issued report announced 07/06/2017. The updated stock price target implies a possible upside of 0.05% from the company's previous close.

Displaying a price of 2,350.00GBX, Persimmon PLC (LON:PSN) traded 1.24% higher on the day. With the last stock price close up 12.07% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same period. Persimmon PLC has recorded a 50-day average of 2,414.93GBX and a two hundred day average of 2,260.29GBX. Trade Volume was down over the average, with 154,404 shares of PSN changing hands under the typical 1,385,920

Recent Performance Chart

Persimmon PLC (LON:PSN)

Persimmon PLC has P/E ratio of 12.86 with a 52 week low of 1,600.00GBX and a 52 week high of 2,568.00GBX and has a market cap of 0 GBX.

In addition to Citigroup reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is 1,846.54GBX with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 11 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.

Brief Synopsis About 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 Persimmon Homes brand. The Company builds homes under Charles Church brand in a range of locations. The Company focuses on affordable social housing and sells these homes under Westbury Partnerships. The Space4 business operates an off-site manufacturing plant producing timber frames, insulated wall panels and roof cassettes as a fabric first solution to the construction of new homes.

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