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Persimmon PLC Add to portfolio

LON100:PSN, Jun 25, 06:36 UTC

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Saturday, June 22


News

Persimmon (LON:PSN) Stock Price Passes Above Fifty Day Moving Average of $2,045.78 – Rockland Register

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The stock has a 50 day moving average of $2,045.78 and traded as high as $1,961.00. Persimmon shares last traded at $1,941.00, with a volume of 488,140 shares. Berenberg Bank dropped their price target on Persimmon from GBX 2,670 ($34.89) to GBX 2,630 ($34.37) and set a “hold” rating for the company in a research note on Wednesday, March 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock.

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Topics:
  • Business
  • Financial

Wednesday, May 29


News

Longlands School: Persimmon submits revised plan for new homes

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An appeal regarding the original scheme was submitted to the Planning Inspectorate but meanwhile the developer has drawn up and submitted a revised application for a somewhat less dense scheme after objectors raised concerns that 59 homes would constitute over development of the site which sits in the middle of the congested Old Quarter. The developers held a consultation event at St James’ Church Hall, Wollaston, in April – offering residents the chance to discuss the plan in further detail before they officially submitted it to Dudley Council. The former school and art college site, which is owned by Birmingham Metropolitan College, has slowly been taken over by nature since it was mothballed back in 2011 when Stourbridge College moved its art and design courses to a new campus in Brierley Hill. The revised scheme would see the historic former school buildings, some of which are locally listed, demolished to make way for a new housing estate, accessed off Bowling Green Road, comprising of a mix of two, three and four-bedroom homes with an arts and crafts style character.

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  • Financial
  • US

Tuesday, May 28


News

Persimmon’s (PSN) “Buy” Rating Reiterated at UBS Group – Tech Know Bits

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Persimmon (LON:PSN)‘s stock had its “buy” rating reissued by analysts at UBS Group in a report issued on Tuesday, May 14th, ThisIsMoney.Co.Uk reports. HSBC upgraded Persimmon to a “buy” rating and boosted their price target for the company from GBX 2,480 ($32.41) to GBX 2,960 ($38.68) in a research note on Tuesday, March 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. Persimmon has a fifty-two week low of GBX 1,825.50 ($23.85) and a fifty-two week high of GBX 2,913 ($38.06).

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  • Business
  • Financial

Saturday, May 25


News

Persimmon’s (PSN) “Buy” Rating Reiterated at Canaccord Genuity – Tech Know Bits

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They presently have a GBX 2,720 ($35.54) price objective on the stock. Finally, Berenberg Bank dropped their price objective on shares of Persimmon from GBX 2,760 ($36.06) to GBX 2,670 ($34.89) and set a “hold” rating for the company in a research note on Monday, January 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. Persimmon has a 1 year low of GBX 1,825.50 ($23.85) and a 1 year high of GBX 2,913 ($38.06).

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  • Financial
News

Persimmon (LON:PSN) Receives “Buy” Rating from Canaccord Genuity – Mayfield Recorder

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They presently have a GBX 2,720 ($35.54) target price on the stock. Finally, HSBC raised shares of Persimmon to a “buy” rating and boosted their price objective for the company from GBX 2,480 ($32.41) to GBX 2,960 ($38.68) in a research report on Tuesday, March 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the stock. Persimmon presently has a consensus rating of “Hold” and an average price target of GBX 2,616.82 ($34.19).

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Topics:
  • Business
  • Financial

Saturday, May 18


News

UBS Group Reiterates Buy Rating for Persimmon (PSN) – Rockland Register

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Persimmon (LON:PSN)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research note issued on Thursday, May 2nd, ThisIsMoney.Co.Uk reports. Bank of America raised shares of Persimmon to a “buy” rating and increased their target price for the stock from GBX 2,200 ($28.75) to GBX 2,400 ($31.36) in a report on Friday, January 11th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Persimmon in a report on Wednesday, January 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock.

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Topics:
  • Business
  • Financial

Wednesday, May 08


Social Chatter

Persimmon PLC (LON100:PSN) social chatter is higher than usual

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Market Fallers: TUI AG, J Sainsbury plc, NMC Health PLC, Persimmon plc, SSE PLC, Taylor Wimpey plc & Tesco PLC -… https://t.co/aW0VbEsb54

Saturday, May 04


News

Peel Hunt Reaffirms “Hold” Rating for Persimmon (PSN) – Rockland Register

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Bank of America upgraded shares of Persimmon to a buy rating and raised their target price for the stock from GBX 2,200 ($28.75) to GBX 2,400 ($31.36) in a research note on Friday, January 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 2,616.82 ($34.19). Persimmon has a twelve month low of GBX 1,825.50 ($23.85) and a twelve month high of GBX 2,913 ($38.06).

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Topics:
  • Business
  • Financial

Wednesday, May 01


News

BlackRock to vote in favour of Persimmon pay report

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BlackRock to vote in favour of Persimmon pay report - Sky News. May 1 (Reuters) - Persimmon looks set to avoid another backlash over executive pay after its largest shareholder BlackRock voted in support of the housebuilder's remuneration report, Sky News reported on Wednesday. The report https://news.sky.com/story/blackrock-helps-persimmon-avert-revolt-over-chiefs-25m-pay-11708344 said BlackRock has backed Persimmon's board ahead of an annual general meeting on Wednesday at which shareholders will vote on the remuneration report, which disclosed that new Chief Executive Dave Jenkinson was paid‎ almost 25 million pounds ($32.67 million) last year. BlackRock, which owns 5.25 percent of Persimmon shares, declined to comment, while the company did not immediately respond to a request for a comment.

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News

BlackRock helps Persimmon avert revolt over chief's £25m pay

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The biggest shareholder in Persimmon has thrown its weight behind the housebuilder‎'s board ahead of a crunch shareholder meeting on Wednesday that will provide another focal point in the debate about executive pay. Sky News has learnt that BlackRock, which owns about 7% of Persimmon's shares‎, has voted in support of the company's remuneration report, which disclosed that its new chief executive was paid‎ almost £25m last year. BlackRock's decision will help Persimmon avert a major pay revolt at Wednesday's annual general meeting, according to insiders, with well over 80% of investors expected to vote in support of the remuneration report. Persimmon has been in the crosshairs of the ongoing row about executive pay, with critics fuelled by anger that much of its profit has been aided by the government's Help to Buy programme.

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Topics:
  • Business
  • Financial