Persimmon Plc (PSMMY) – What Are Analysts Saying About This Stock?

Shares of Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company.

Several research analysts have recently weighed in on PSMMY shares. Deutsche Bank Aktiengesellschaft raised Persimmon from a “hold” rating to a “buy” rating in a research report on Friday, August 7th. Zacks Research raised Persimmon from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Finally, UBS Group started coverage on shares of Persimmon in a report on Wednesday, September 9th. They set a “buy” rating on the stock.

Check Out Our Latest Research Report on PSMMY

Persimmon Stock Performance

PSMMY traded down $0.54 during midday trading on Friday, hitting $33.35. 6,413 shares of the company were exchanged, compared to its average volume of 6,428. The firm’s 50 day moving average price is $31.71 and its 200-day moving average price is $30.02. Persimmon has a 1-year low of $26.71 and a 1-year high of $41.84. The company has a quick ratio of 0.34, a current ratio of 4.21 and a debt-to-equity ratio of 0.07.

Persimmon Company Profile

(Get Free Report)

Persimmon plc is a United Kingdom-based housebuilding company that develops, constructs and sells residential properties. Its portfolio includes homes designed for first-time buyers, families and other owner-occupiers, ranging from apartments and smaller houses to larger family properties.

The company operates through several established brands, including Persimmon Homes, Charles Church and Westbury Partnerships. In addition to private-market housing, its activities include working with housing associations and other partners to provide affordable and social housing.

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Analyst Recommendations for Persimmon (OTCMKTS:PSMMY)

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