Pennon Group plc 0.4% Potential Decrease Indicated by Citigroup

Broker Ratings
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Pennon Group plc with EPIC/TICKER (LON:PNN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Citigroup. Pennon Group plc are listed in the Utilities sector within UK Main Market. Citigroup have set a target price of 1153 GBX on its stock. This would imply the analyst believes there is a potential downside of -.4% from today’s opening price of 1157.5 GBX. Over the last 30 and 90 trading days the company share price has increased 34.5 points and increased 26.5 points respectively. The 1 year high stock price is 1210.5 GBX while the year low share price is currently 695.2 GBX.

Pennon Group plc has a 50 day moving average of 1,131.36 GBX and the 200 Day Moving Average price is recorded at 1,032.32. There are currently 421,031,724 shares in issue with the average daily volume traded being 1,180,830. Market capitalisation for LON:PNN is £4,870,905,324 GBP.

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