Persimmon Plc (OTCMKTS:PSMMY – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $27.29 and last traded at $27.30, with a volume of 272019 shares trading hands. The stock had previously closed at $28.12.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley restated an “overweight” rating on shares of Persimmon in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat.com, Persimmon presently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on PSMMY
Persimmon Stock Down 3.9%
About Persimmon
Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.
Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.
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