Persimmon Plc (OTCMKTS:PSMMY) Receives Average Recommendation of "Buy" from Analysts

Shares of Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) have earned a consensus recommendation of "Buy" from the five ratings firms that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.PSMMY has been the subject of a number of research reports. Morgan Stanley restated an "overweight" rating on shares of Persimmon in a research report on Tuesday, April 14th. Citigroup restated a "buy" rating on shares of Persimmon in a research report on Wednesday, January 14th.Check Out Our Latest Stock Report on PSMMYPersimmon Stock PerformanceShares of PSMMY opened at $30.17 on Friday. The company has a 50-day moving average of $33.36 and a two-hundred day moving average of $34.66. Persimmon has a 12-month low of $27.82 and a 12-month high of $41.84. Persimmon Company Profile (Get Free Report)Persimmon plc OTCMKTS: PSMMY is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company's product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners. Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK's most prolific housebuilders.See AlsoFive stocks we like better than PersimmonThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Persimmon Right Now?Before you consider Persimmon, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Persimmon wasn't on the list.While Persimmon currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here