Persimmon Plc (OTCMKTS:PSMMY) Given Average Rating of “Buy” by Brokerages

Shares of Persimmon Plc (OTCMKTS:PSMMY) have been assigned a consensus rating of “Buy” from the five analysts that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Persimmon in a research report on Tuesday, April 14th.

Persimmon Trading Down 1.9%

OTCMKTS PSMMY opened at $27.34 on Wednesday. Persimmon has a 1-year low of $27.34 and a 1-year high of $41.84. The company has a 50 day moving average of $30.14 and a 200-day moving average of $34.32.

Persimmon Company Profile

Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.

Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.