Persimmon plc 9.2% Potential Upside Indicated by Deutsche Bank

Broker Ratings

Persimmon plc using EPIC/TICKER code (LON:PSN) has 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 their target price at 2684 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.2% from today’s opening price of 2458 GBX. Over the last 30 and 90 trading days the company share price has increased 164 points and increased 326 points respectively. The 52 week high for the share price is currently at 3328 GBX while the 52 week low for the share price is 1367.5 GBX.

Persimmon plc has a 50 day moving average of 2,431.86 GBX and the 200 Day Moving Average price is recorded at 2,514.46. There are currently 318,941,892 shares in issue with the average daily volume traded being 1,183,814. Market capitalisation for LON:PSN is £7,794,939,840 GBP.

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