Shares of Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.75 and last traded at $27.75, with a volume of 19736 shares. The stock had previously closed at $28.87.
Analysts Set New Price Targets
PSMMY has been the topic of several research analyst reports. Royal Bank of Canada lowered shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Monday, December 2nd. Citigroup upgraded shares of Persimmon from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd.
Check Out Our Latest Stock Analysis on PSMMY
Persimmon Stock Down 3.9 %
About Persimmon
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.
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