Persimmon Plc (OTCMKTS:PSMMY) Given Average Recommendation of “Reduce” by Analysts

Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) has been given an average recommendation of “Reduce” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company.

Separately, Simmons assumed coverage on shares of Persimmon in a research report on Thursday, June 15th. They set a “neutral” rating on the stock.

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Persimmon Price Performance

OTCMKTS PSMMY opened at $25.07 on Tuesday. The company’s 50-day simple moving average is $27.77 and its two-hundred day simple moving average is $30.40. Persimmon has a one year low of $24.47 and a one year high of $38.07.

About Persimmon

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Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.

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