Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $26.71 and last traded at $26.84, with a volume of 49041 shares changing hands. The stock had previously closed at $27.76.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on PSMMY. Morgan Stanley reaffirmed an “overweight” rating on shares of Persimmon in a report on Tuesday, April 14th. Zacks Research lowered shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on PSMMY
Persimmon Price Performance
About Persimmon
Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.
Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.
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