Pennon Group plc with EPIC/TICKER (LON:PNN) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Macquarie. Pennon Group plc are listed in the Utilities sector within UK Main Market. Macquarie have set a target price of 870 GBX on its stock. This indicates the analyst now believes there is a potential upside of 16.7% from today’s opening price of 745.6 GBX. Over the last 30 and 90 trading days the company share price has increased 44.4 points and decreased 44.4 points respectively. The 1 year high for the stock price is 825 GBX while the year low stock price is currently 577.4 GBX.
Pennon Group plc has a 50 day moving average of 737.89 GBX and a 200 Day Moving Average share price is recorded at 747.00. There are currently 419,740,650 shares in issue with the average daily volume traded being 1,356,808. Market capitalisation for LON:PNN is £3,126,228,533 GBP.
