Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; executive housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services. Persimmon Plc was founded in 1972 and is headquartered in York, the United Kingdom.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on PSN. Citigroup reissued a "neutral" rating and issued a GBX 1,930 ($23.32) target price on shares of Persimmon in a report on Friday, July 8th. Liberum Capital reissued a "buy" rating and issued a GBX 2,630 ($31.78) target price on shares of Persimmon in a report on Wednesday, May 25th. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Persimmon in a report on Wednesday, May 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Persimmon has a consensus rating of "Hold" and a consensus target price of GBX 2,780.88 ($33.60).
Persimmon Stock Performance
Shares of LON:PSN traded down GBX 39 ($0.47) during trading on Tuesday, hitting GBX 1,825.50 ($22.06). The company had a trading volume of 1,112,166 shares, compared to its average volume of 1,098,583. The stock has a 50 day simple moving average of GBX 1,928.27 and a 200 day simple moving average of GBX 2,132.84. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.57 and a current ratio of 4.88. Persimmon has a 12 month low of GBX 1,717.50 ($20.75) and a 12 month high of GBX 2,974 ($35.94). The firm has a market capitalization of £5.83 billion and a P/E ratio of 756.40.