Persimmon Plc (OTCMKTS:PSMMY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Persimmon Plc (OTCMKTS:PSMMYGet Free Report) have earned a consensus rating of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company.

A number of analysts have weighed in on the stock. Zacks Research downgraded shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 18th. Morgan Stanley reaffirmed an “overweight” rating on shares of Persimmon in a research note on Tuesday, April 14th.

View Our Latest Analysis on PSMMY

Persimmon Price Performance

Persimmon stock opened at $29.81 on Monday. The stock’s 50 day moving average is $28.56 and its 200 day moving average is $32.02. Persimmon has a one year low of $26.71 and a one year high of $41.84.

Persimmon Company Profile

(Get Free Report)

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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Analyst Recommendations for Persimmon (OTCMKTS:PSMMY)

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