Persimmon plc -4.8% potential downside indicated by Barclays

Persimmon plc with ticker (LON:PSN) now has a potential downside of -4.8% according to Barclays.



Barclays set a target price of 2,250 GBX for the company, which when compared to the Persimmon plc share price of 2,358 GBX at opening today (28/01/2022) indicates a potential downside of -4.8%. Trading has ranged between 2,321 (52 week low) and 3,272 (52 week high) with an average of 927,523 shares exchanging hands daily. The market capitalisation at the time of writing is £7,494,966,272.

Persimmon PLC is a United Kingdom-based holding company. The Company is engaged in house building approximately 31 operating businesses, three house building brands and three off-site manufacturing facilities providing homes and serving their local communities across the United Kingdom. The Company trades under the brand names of Persimmon Homes, Charles Church and Westbury Partnerships. It trades under the brand names of Persimmon Homes, Charles Church, Westbury Partnerships, Space4, Brickworks, TileWorks and FibreNest. Its Persimmon Homes brand delivers a range of traditional family housing. Its Charles Church brand builds tailored homes for local markets. Its Westbury Partnerships focuses on affordable social housing. The Space4 business operates an off-site manufacturing plant producing timber frames, insulated wall panels and roof cassettes as a fabric solution to the construction of new homes.