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Persimmon plc 34.3% Potential Upside Indicated by HSBC

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 ‘BUY’ today by analysts at HSBC. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set their target price at 3190 GBX on its stock. This now indicates the analyst believes there is a possible upside of 34.3% from the opening price of 2376 GBX. Over the last 30 and 90 trading days the company share price has increased 49 points and increased 684 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 2,280.82 GBX and a 200 day moving average of 2,476.64. There are currently 318,941,638 shares in issue with the average daily volume traded being 1,714,673. Market capitalisation for LON:PSN is £7,565,295,653 GBP.

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