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

by · The Markets Daily

Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company.

Several brokerages have issued reports on PSMMY. Morgan Stanley reissued an “overweight” rating on shares of Persimmon in a research note on Tuesday, April 14th. Zacks Research downgraded shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 18th.

Get Our Latest Stock Report on PSMMY

Persimmon Price Performance

OTCMKTS PSMMY opened at $29.81 on Monday. The business has a 50 day simple moving average of $28.56 and a 200 day simple moving average of $32.02. Persimmon has a one year low of $26.71 and a one year high of $41.84.

About Persimmon

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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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