Persimmon Rating Reiterated by Citigroup (PSN)

Citigroup reissued their buy rating on shares of Persimmon (LON: PSN) in a report released on Tuesday.

PSN has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a hold rating on shares of Persimmon in a research note to investors on Monday. They now have a $12.31 price target on the stock. Separately, analysts at Davy reiterated an outperform rating on shares of Persimmon in a research note to investors on Monday. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of Persimmon in a research note to investors on Tuesday, January 8th. They now have a $13.54 price target on the stock.

Persimmon traded down 1.45% on Tuesday, hitting GBX 885.4999. Persimmon has a 52-week low of GBX 521.50 and a 52-week high of GBX 914.0001. The stock’s 50-day moving average is currently GBX 759.6. The company’s market cap is £2.679 billion.

Persimmon Plc is the holding company of the Persimmon Group of companies ((the Group). The principal activity of the Group is house building, which is carried out within the United Kingdom.

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