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Persimmon (LON:PSN) PT Lowered to GBX 1,400 at Berenberg Bank

Persimmon (LON:PSN – Get Rating) had its target price trimmed by Berenberg Bank from GBX 1,600 ($19.98) to GBX 1,400 ($17.48) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports. The firm currently has a hold rating on the stock. Other analysts also recently issued reports about the stock. Citigroup restated […] ....

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Brokerages Set Persimmon Plc (LON:PSN) Target Price at GBX 1,587.20

Shares of Persimmon Plc (LON:PSN – Get Rating) have received an average rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. […] ....

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Persimmon sees 2023 volumes towards top end of guidance

Persimmon posted a slump in first-quarter completions on Wednesday but said it expects full-year 2023 volumes to be towards the top end of guidance following an improvement in sales rates since the start of the year. ....

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Persimmon sees ongoing recovery in homebuyer demand

The Charles Church group said build cost inflation has remained at around 8% to 9%, with ‘limited signs of easing in the short term’. ....

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European Stocks Close Lower On Growth Worries

European stocks closed notably lower on Wednesday as concerns about interest rate hikes and economic slowdown and a potential recession later this year in the U. ....

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