Pennon Group plc 5.2% Potential Upside Indicated by HSBC

Broker Ratings

Pennon Group plc using EPIC/TICKER code (LON:PNN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Pennon Group plc are listed in the Utilities sector within UK Main Market. HSBC have set their target price at 980 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.2% from today’s opening price of 931.4 GBX. Over the last 30 and 90 trading days the company share price has increased 35.4 points and increased 197 points respectively. The 52 week high share price is 959 GBX while the year low stock price is currently 679.48 GBX.

Pennon Group plc has a 50 day moving average of 873.59 GBX and the 200 Day Moving Average price is recorded at 783.58. There are currently 420,910,159 shares in issue with the average daily volume traded being 1,663,607. Market capitalisation for LON:PNN is £3,921,746,142 GBP.

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    Pennon Group plc reports its half-year results for 2024, highlighting significant customer affordability achievements, record capital investment, and strategic growth plans.
    Pennon Group plc (LON:PNN) announces the resignation of CFO Steve Buck, succeeded by Laura Flowerdew, effective immediately, as part of their succession plan.

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