Persimmon (PSN) Upgraded at Liberum Capital

Liberum Capital upgraded shares of Persimmon (LON:PSN) to a buy rating in a research report released on Friday morning. They currently have GBX 2,840 ($40.66) target price on the stock, up from their prior target price of GBX 2,740 ($39.23).

Several other analysts have also recently weighed in on PSN. Deutsche Bank reissued a hold rating on shares of Persimmon in a report on Monday, January 29th. Numis Securities raised Persimmon to an add rating and set a GBX 3,173 ($45.43) price objective for the company in a report on Wednesday, February 28th. Credit Suisse Group boosted their price objective on Persimmon from GBX 2,529 ($36.21) to GBX 2,840 ($40.66) and gave the stock a neutral rating in a report on Monday, March 5th. Peel Hunt reissued a hold rating and set a GBX 2,720 ($38.95) price objective on shares of Persimmon in a report on Tuesday, February 27th. Finally, Shore Capital reissued a sell rating on shares of Persimmon in a report on Wednesday, February 7th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. Persimmon presently has a consensus rating of Hold and an average target price of GBX 2,757.08 ($39.48).

How to Become a New Pot Stock Millionaire

Shares of LON:PSN opened at GBX 2,671 ($38.24) on Friday. Persimmon has a 1-year low of GBX 2,046 ($29.30) and a 1-year high of GBX 2,901 ($41.54).

The business also recently declared a dividend, which will be paid on Monday, July 2nd. Stockholders of record on Thursday, June 14th will be paid a GBX 110 ($1.58) dividend. The ex-dividend date is Thursday, June 14th. This represents a dividend yield of 4.26%.

In other news, insider David Jenkinson sold 127,722 shares of the company’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of GBX 2,534 ($36.28), for a total value of £3,236,475.48 ($4,634,128.69). Also, insider Rachel Kentleton purchased 751 shares of the stock in a transaction dated Thursday, April 12th. The stock was bought at an average cost of GBX 2,663 ($38.13) per share, with a total value of £19,999.13 ($28,635.64).

WARNING: “Persimmon (PSN) Upgraded at Liberum Capital” was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at

About Persimmon

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; builds executive housing under the Charles Church brand; and operates off-site manufacturing plant. It also provides homes to housing associations under the Westbury Partnerships brand.

Analyst Recommendations for Persimmon (LON:PSN)

Receive News & Ratings for Persimmon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Persimmon and related companies with's FREE daily email newsletter.

Leave a Reply