Home » Reports » Broker Ratings » Persimmon plc 11.4% Potential Decrease Indicated by Bank of America Merrill Lynch
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Persimmon plc 11.4% Potential Decrease Indicated by Bank of America Merrill Lynch

Persimmon plc using EPIC/TICKER code (LON:PSN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Bank of America Merrill Lynch. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 2230 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.4% from the opening price of 2517 GBX. Over the last 30 and 90 trading days the company share price has increased 3 points and increased 107 points respectively. The 1 year high stock price is 2669 GBX while the 52 week low for the stock is 1600 GBX.

Persimmon plc has a 50 day moving average of 2,513.28 GBX and the 200 Day Moving Average price is recorded at 2,227.47. There are currently 533,397,289 shares in issue with the average daily volume traded being 1,118,060. Market capitalisation for LON:PSN is £7,746,513,278 GBP.

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