Persimmon Receives 'Outperform' Rating with £3.67 Billion Market Cap

Persimmon (LON:PSN) has been given an 'outperform' rating by Royal Bank Of Canada, which also set a GBX 1,350 price target on the stock. This would indicate a potential upside of 18.01% from the company's current price.

The analysts at Royal Bank Of Canada reiterated their previous recommendation in a research report issued on Friday. They currently have a GBX 1,350 price target on the stock.

Other brokerages have also weighed in on Persimmon. JPMorgan Chase & Co. decreased their price target from GBX 1,800 to GBX 1,430 and set an 'overweight' rating for the company in a report on Tuesday, June 16th. Jefferies Financial Group restated a 'buy' rating and set a GBX 1,591 target price on shares of Persimmon in a research note on Thursday, April 30th.