Persimmon plc (LON:PSN)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 2,534 ($33.11) and last traded at GBX 2,474 ($32.33), with a volume of 1353613 shares changing hands. The stock had previously closed at GBX 2,512 ($32.82).
Several analysts recently weighed in on the stock. Peel Hunt reiterated a “hold” rating and issued a GBX 2,025 ($26.46) price target on shares of Persimmon in a report on Thursday, November 7th. Peel Hunt reiterated a “hold” rating on shares of Persimmon in a report on Monday. Jefferies Financial Group lifted their price target on shares of Persimmon from GBX 2,438 ($31.86) to GBX 2,698 ($35.25) and gave the company a “buy” rating in a report on Friday, November 8th. Shore Capital reiterated a “hold” rating on shares of Persimmon in a report on Thursday, November 7th. Finally, Goldman Sachs Group lifted their price target on shares of Persimmon from GBX 2,418 ($31.60) to GBX 2,442 ($31.91) and gave the company a “buy” rating in a report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 2,533.58 ($33.11).
The stock has a market cap of $7.88 billion and a P/E ratio of 8.91. The company has a current ratio of 2.85, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32. The stock’s fifty day moving average price is GBX 2,301.70 and its 200 day moving average price is GBX 2,077.69.
Persimmon Company Profile (LON:PSN)
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.
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