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Persimmon plc 16.8% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Persimmon plc with EPIC/TICKER (LON:PSN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 2701 GBX on its stock. This is indicating the analyst believes there is a potential upside of 16.8% from today’s opening price of 2313 GBX. Over the last 30 and 90 trading days the company share price has decreased 165 points and increased 646.5 points respectively. The 52 week high for the stock is 3328 GBX while the year low share price is currently 1367.5 GBX.

Persimmon plc has a 50 day moving average of 2,326.72 GBX and a 200 Day Moving Average share price is recorded at 2,486.05. There are currently 318,941,892 shares in issue with the average daily volume traded being 1,533,790. Market capitalisation for LON:PSN is £7,198,518,502 GBP.

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