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The latest update is out from Persimmon ( (GB:PSN) ).
Anand Aithal, a Non-Executive Director at Persimmon Plc, recently purchased a total of 1,000 shares in the company, with transactions executed at prices of £10.76 and £10.72 per share. This move is part of the company’s regulatory disclosure requirements and may indicate confidence in the company’s market position and future prospects.
The most recent analyst rating on (GB:PSN) stock is a Hold with a £14.80 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 Neutral.
Persimmon’s overall stock score reflects strong financial stability and positive corporate events, offset by weak technical indicators. The stock is fairly valued with an attractive dividend yield, but bearish momentum suggests caution. The company’s strategic moves and financial health position it well for future growth, though operational efficiency improvements are needed.
To see Spark’s full report on GB:PSN stock, click here.
More about Persimmon
Persimmon Plc operates in the construction industry, primarily focusing on building residential properties. The company is one of the UK’s leading housebuilders, known for its development of homes across various market segments.
Average Trading Volume: 1,247,024
Technical Sentiment Signal: Sell
Current Market Cap: £3.52B
For an in-depth examination of PSN stock, go to TipRanks’ Overview page.