Persimmon Plc (OTCMKTS:PSMMY) Given Consensus Recommendation of “Buy” by Analysts

Persimmon Plc (OTCMKTS:PSMMY) has received an average rating of “Buy” from the five research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company.

Separately, Citigroup reissued a “buy” rating on shares of Persimmon in a research note on Wednesday, January 14th.

Persimmon Stock Down 0.5%

OTCMKTS PSMMY opened at $29.07 on Tuesday. The stock has a 50-day moving average of $36.17 and a two-hundred day moving average of $34.64. Persimmon has a 1-year low of $27.82 and a 1-year high of $41.84.

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.