Persimmon: Plenty in the tank despite worries over the housing marker, says American bank

  • JP Morgan has reiterated its positive stance on Persimmon PLC (LSESN), calling the housebuilder's mid-term targets "a significant source of earnings and valuation upside". The shares are rated 'overweight' with a price target of 1,520p, implying plenty of headroom from their current level.