Persimmon plc 133.1% Potential Upside Indicated by Jefferies International

Broker Ratings
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Persimmon plc with EPIC/TICKER (LON:PSN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 3531 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 133.1% from the opening price of 1514.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 1728.5 points and decreased 1149.5 points respectively. The 52 week high for the share price is currently at 3328 GBX while the year low stock price is currently 1367.5 GBX.

Persimmon plc has a 50 day moving average of 2,919.99 GBX and the 200 Day Moving Average price is recorded at 2,399.27. There are currently 318,925,545 shares in issue with the average daily volume traded being 2,158,178. Market capitalisation for LON:PSN is £4,826,938,123 GBP.

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    Persimmon Plc reports strong business momentum with a target of 10,500 home completions for 2024, driven by robust sales and consistent growth.
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