Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) saw unusually-high trading volume on Friday . Approximately 60,845 shares traded hands during trading, an increase of 270% from the previous session’s volume of 16,456 shares.The stock last traded at $28.51 and had previously closed at $29.12.
Analysts Set New Price Targets
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Persimmon in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to data from MarketBeat, Persimmon currently has a consensus rating of “Buy”.
View Our Latest Stock Analysis on Persimmon
Persimmon Price Performance
About Persimmon
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.
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