HSBC upgrades Persimmon to Buy

HSBC upgrades Persimmon to Buy

A HSBC analyst upgraded Persimmon (LON: PSN) from Hold to Buy with a price target of $15.50 from a prior price target of %currency%%price%.

Prior to this rating, Persimmon had 4 buy ratings, 8 hold ratings, and 6 sell ratings.

For consensus analyst estimates and price targets on Persimmon, click here. For more news on Persimmon, click here.

Persimmon's stock price closed at $1.0. They are down -99.92% in the last month and down -41.2% in the last 12 months.

According to Investing Pro, Persimmon's fair value is $19.9, an upside of 55.7%. Persimmon's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Persimmon's recent earnings performance and financials here.

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