Goldman Sachs Group Inc. reaffirmed their conviction-buy rating on shares of Persimmon (LON:PSN) in a report issued on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 1,854 ($29.89) target price on the stock.
Goldman Sachs Group Inc. has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Oneok Partners LP from a sell rating to a neutral rating. Also, Goldman Sachs Group Inc. lowered its price target on shares of Barclays from $310.00 to $300.00. They have a neutral rating on that stock. Finally, Goldman Sachs Group Inc. reiterated its buy rating on shares of MarkWest Energy Partners. They have a $79.00 price target on that stock, down previously from $81.00.
Shares of Persimmon (LON:PSN) opened at 1159.8199 on Tuesday. Persimmon has a 52 week low of GBX 699.621 and a 52 week high of GBX 1321.00. The stock has a 50-day moving average of GBX 1187.93 and a 200-day moving average of GBX 1187.31. The company’s market cap is £3.518 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a hold rating on shares of Persimmon in a research note to investors on Friday, November 15th. They now have a GBX 1,310 ($21.12) price target on the stock. Separately, analysts at Davy Research reiterated an underperform rating on shares of Persimmon in a research note to investors on Tuesday, November 12th. Finally, analysts at Jefferies Group reiterated a hold rating on shares of Persimmon in a research note to investors on Friday, November 8th. They now have a GBX 1,162 ($18.73) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 1,275.53 ($20.56).
Persimmon Plc is the holding company of the Persimmon Group of companies (LON:PSN).
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