Persimmon plc 14.7% Potential Upside Indicated by Deutsche Bank

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 Deutsche Bank. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set a target price of 2192 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.7% from the opening price of 1910.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 572.5 points and decreased 826.5 points respectively. The 1 year high for the stock price is 3328 GBX while the year low stock price is currently 1367.5 GBX.

Persimmon plc has a 50 day moving average of 2,622.68 GBX and the 200 Day Moving Average price is recorded at 2,391.15. There are currently 537,387,897 shares in issue with the average daily volume traded being 3,000,630. Market capitalisation for LON:PSN is £6,171,282,922 GBP.

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