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Persimmon plc 5.9% Potential Upside Indicated by Citigroup

Persimmon plc using EPIC/TICKER code (LON:PSN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Citigroup. Persimmon plc are listed in the Consumer Goods sector within UK Main Market. Citigroup have set a target price of 2860 GBX on its stock. This indicates the analyst now believes there is a potential upside of 5.9% from today’s opening price of 2701 GBX. Over the last 30 and 90 trading days the company share price has increased 19 points and decreased 64 points respectively. The 52 week high share price is 2901 GBX while the 52 week low for the share price is 1884 GBX.

Persimmon plc has a 50 day moving average of 2,716.91 GBX and the 200 Day Moving Average price is recorded at 2,546.92. There are currently 308,629,797 shares in issue with the average daily volume traded being 1,230,972. Market capitalisation for LON:PSN is £8,246,588,176 GBP.