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

Shares of Persimmon Plc (OTCMKTS:PSMMYGet Free Report) have earned a consensus recommendation of “Buy” from the five brokerages that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Morgan Stanley restated an “overweight” rating on shares of Persimmon in a research note on Tuesday, April 14th.

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Persimmon Stock Performance

PSMMY stock opened at $27.87 on Friday. Persimmon has a 1-year low of $26.88 and a 1-year high of $41.84. The business has a 50 day simple moving average of $29.40 and a two-hundred day simple moving average of $33.84.

Persimmon Company Profile

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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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