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Persimmon plc 14.1% Potential Upside Indicated by Deutsche Bank

Persimmon plc with EPIC/TICKER (LON:PSN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set a target price of 3096 GBX on its stock. This now indicates the analyst believes there is a possible upside of 14.1% from today’s opening price of 2714 GBX. Over the last 30 and 90 trading days the company share price has decreased 112 points and increased 343 points respectively. The 1 year high stock price is 2950 GBX while the 52 week low for the stock is 1802.5 GBX.

Persimmon plc has a 50 day moving average of 2,598.36 GBX and a 200 Day Moving Average share price is recorded at 2,214.88. There are currently 450,000,000 shares in issue with the average daily volume traded being 1,516,645. Market capitalisation for LON:PSN is £8,833,596,064 GBP.