Persimmon plc 15.9% Potential Upside Indicated by Bank of America Merrill Lynch

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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’ today by analysts at Bank of America Merrill Lynch. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 2750 GBX on its stock. This indicates the analyst now believes there is a potential upside of 15.9% from the opening price of 2372 GBX. Over the last 30 and 90 trading days the company share price has increased 261 points and increased 303 points respectively. The 1 year high for the stock price is 2529 GBX while the 52 week low for the stock is 1802.5 GBX.

Persimmon plc has a 50 day moving average of 2,084.81 GBX and a 200 day moving average of 2,159.11. There are currently 318,530,734 shares in issue with the average daily volume traded being 2,175,785. Market capitalisation for LON:PSN is £7,590,587,391 GBP.

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