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Persimmon ( (GB:PSN) ) has shared an announcement.
Persimmon PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc., an American investment management corporation. BlackRock’s voting rights in Persimmon have increased from 5.05% to 5.20%, indicating a slight increase in their influence over the company. This change could potentially impact Persimmon’s strategic decisions and market position, reflecting BlackRock’s continued interest and investment in the company.
The most recent analyst rating on (GB:PSN) stock is a Buy with a £1834.00 price target. To see the full list of analyst forecasts on Persimmon stock, see the GB:PSN Stock Forecast page.
Spark’s Take on GB:PSN Stock
According to Spark, TipRanks’ AI Analyst, GB:PSN is a Outperform.
Persimmon’s strong financial stability, positive technical indicators, and strategic corporate activities contribute to a strong score. Improvements in cash flow efficiency and strategic growth initiatives provide a positive outlook.
To see Spark’s full report on GB:PSN stock, click here.
More about Persimmon
Average Trading Volume: 1,547,996
Technical Sentiment Signal: Buy
Current Market Cap: £4.41B
For detailed information about PSN stock, go to TipRanks’ Stock Analysis page.