Persimmon: UBS adjusts price target
(CercleFinance.com) - UBS reconfirms its 'Buy' rating on the Persimmon share with a price target adjusted from 2650 to 2620 pence, which still leaves room for growth of 38% for the British housebuilding company.
“Shares look dislocated from fundamental value and price in margin compression of 12ppts to 18%” estimates the financial intermediary in the summary to its note.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
“Shares look dislocated from fundamental value and price in margin compression of 12ppts to 18%” estimates the financial intermediary in the summary to its note.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.