Persimmon plc with EPIC/TICKER LON:PSN had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set a target price of 2937 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.4% from the opening price of 2710 GBX. Over the last 30 and 90 trading days the company share price has increased 129 points and increased 168 points respectively.
Persimmon plc LON:PSN has a 50 day moving average of 2,567.13 GBX and the 200 Day Moving Average price is recorded at 2,480.81The 1 year high share price is 3328 GBX while the year low stock price is currently 1367.5 GBX. There are currently 318,946,852 shares in issue with the average daily volume traded being 1,188,004. Market capitalisation for LON:PSN is £9,003,869,631 GBP.
Persimmon plc 8.4% Potential Upside Indicated by Deutsche Bank
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- Written by: Charlotte Edwards
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Persimmon Plc reports strong business momentum with a target of 10,500 home completions for 2024, driven by robust sales and consistent growth.
Persimmon Plc (LON:PSN) reports strong H1 2024 results with a 5% rise in new home completions, robust revenue growth, and enhanced customer satisfaction.
