Jefferies Group Comments on Persimmon’s FY2017 Earnings (PSMMY)

Persimmon (OTCMKTS:PSMMY) – Research analysts at Jefferies Group issued their FY2017 earnings estimates for shares of Persimmon in a note issued to investors on Tuesday. Jefferies Group analyst A. Codling expects that the company will earn $7.07 per share for the year. Jefferies Group also issued estimates for Persimmon’s FY2018 earnings at $7.63 EPS and FY2019 earnings at $7.70 EPS.

Several other research firms also recently issued reports on PSMMY. Zacks Investment Research downgraded Persimmon from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 25th. ValuEngine raised Persimmon from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st.

Persimmon (OTCMKTS PSMMY) opened at $72.67 on Friday. Persimmon has a 1-year low of $47.06 and a 1-year high of $77.70.

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About Persimmon

Persimmon plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family homes under the Persimmon Homes brand name, as well as homes to housing associations under the Westbury Partnerships brand; builds premium homes under the Charles Church brand; and operates off-site manufacturing plant.

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