Persimmon plc 28% Potential Upside Indicated by Deutsche Bank

Broker Ratings

Persimmon plc with EPIC/TICKER (LON:PSN) has had its stock rating noted as ‘Initiates/Starts’ 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 their target price at 2386 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 28.0% from the opening price of 1864 GBX. Over the last 30 and 90 trading days the company share price has decreased 42 points and decreased 161 points respectively. The 52 week high for the stock is 2495.43 GBX while the year low share price is currently 1802.5 GBX.

Persimmon plc has a 50 day moving average of 1,966.29 GBX and the 200 Day Moving Average price is recorded at 2,136.57. There are currently 318,530,532 shares in issue with the average daily volume traded being 1,362,641. Market capitalisation for LON:PSN is £5,947,474,401 GBP.

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