PERSIMMON/ADR (OTCMKTS:PSMMY) Upgraded to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of PERSIMMON/ADR (OTCMKTS:PSMMY) from a sell rating to a hold rating in a report published on Wednesday, Zacks.com reports.

According to Zacks, “Persimmon plc designs, develops and builds residential housing. It operates primarily under brand name Persimmon Homes which offers studio apartments and family homes. The Charles Church brand provides premium homes. The Space4 brand engaged in timber frame manufacturing and Westbury Partnership deals. Persimmon plc is headquartered in Fulford, the United Kingdom. “

Separately, ValuEngine upgraded shares of PERSIMMON/ADR from a sell rating to a hold rating in a report on Wednesday, September 4th.

Shares of OTCMKTS PSMMY opened at $53.42 on Wednesday. The company has a market cap of $8.03 billion, a P/E ratio of 7.06, a P/E/G ratio of -2.26 and a beta of 0.81. The firm’s fifty day moving average is $47.38 and its two-hundred day moving average is $52.86. PERSIMMON/ADR has a 52-week low of $44.33 and a 52-week high of $67.00.

PERSIMMON/ADR Company Profile

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers apartments and family homes under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services.

Read More: Understanding the Price to Earnings Ratio (PE)

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