HSBC downgrades Persimmon to 'hold' with a price target of GBP11.90

  • Investing.com
HSBC downgrades Persimmon to 'hold' with a price target of GBP11.90

An analyst from HSBC downgraded Persimmon (LON: PSN ) from 'buy' to 'hold' with a price target of GBP11.90 from a prior price target of %currency%%price%.

Prior to this rating, Persimmon had 5 buy ratings, 7 hold ratings, and 5 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 -42.6% in the last 12 months.

According to Investing Pro, Persimmon's fair value is $18.2, an upside of 65.2%. Persimmon's fair value comes with a low degree of uncertainty, according to InvestingPro.

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

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