Key Researchers at Liberum Capital Reiterated their ‘”Sell”’ rating for Persimmon PLC (LON:PSN) Shares Today. Their PT is GBX 1745.00

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Persimmon PLC (LON:PSN) Rating Reaffirmed

Recently, In a recent research report issued on Wednesday morning, Persimmon PLC (LON:PSN) shares have had their “Sell” Rating has decided to reaffirm by professional analysts at Liberum Capital, who currently has a GBX 1745.00 PT on company. This target by Liberum Capital means the possibile downside of -10.83% from the current price.

From a total of 14 analysts covering Persimmon PLC (LON:PSN) stock, 1 rate it a ”Buy”, 4 a “Sell”, and 9 a ”Hold”. This means that 7% of the ratings are positive. The highest target price is GBX 2300 while the lowest target price is GBX 1383. The mean of all analyst targets is GBX 1934.19 with a 1.57% above today’s (GBX 1956) stock price. Persimmon PLC was the topic of 39 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 16 with “Sell” rating. JP Morgan maintained shares with “Underweight” rating and GBX 2060 target share price in a report from a November 5. Deutsche Bank maintained PSN stock in a recent report from November 26 with “Hold” rating. UBS maintained the rating on November 4. UBS has a “Neutral” rating and a GBX 2135 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 6.

Approximately 1.64M shares of stock traded hands or 36.67% up from the average. Persimmon plc (LON:PSN) has risen 3.68% since May 19, 2015 and is uptrending. It has outperformed by 6.31% the S&P500.

Key Researchers at Liberum Capital Reiterated their ‘

Persimmon Plc is the holding company of the Persimmon Group of companies engaged in housebuilding within the United Kingdom. The company has a market cap of 5.85 billion GBP. The Firm is a housebuilder in approximately 400 locations. It has 13.59 P/E ratio. It owns around 17,000 acres, 87,720 plots and 380 construction sites.

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