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Persimmon plc 11.5% Potential Upside Indicated by Berenberg

Persimmon plc with EPIC/TICKER (LON:PSN) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 2760 GBX on its stock. This is indicating the analyst believes there is a potential upside of 11.5% from the opening price of 2476 GBX. Over the last 30 and 90 trading days the company share price has decreased 47 points and decreased 225 points respectively. The 1 year high for the share price is 2913 GBX while the year low stock price is currently 2361.29 GBX.

Persimmon plc has a 50 day moving average of 2,677.33 GBX and a 200 day moving average of 2,658.20. There are currently 312,957,728 shares in issue with the average daily volume traded being 1,464,626. Market capitalisation for LON:PSN is £7,704,132,222 GBP.