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Persimmon plc 15% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Persimmon plc using EPIC/TICKER code (LON:PSN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set their target price at 2580 GBX on its stock. This indicates the analyst now believes there is a potential upside of 15.0% from the opening price of 2244 GBX. Over the last 30 and 90 trading days the company share price has increased 114 points and decreased 833 points respectively. The 1 year high 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 2,062.03 GBX and a 200 day moving average of 2,430.77. There are currently 318,932,479 shares in issue with the average daily volume traded being 2,001,533. Market capitalisation for LON:PSN is £7,318,144,774 GBP.

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