Pennon Group plc 5.8% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Pennon Group plc using EPIC/TICKER code (LON:PNN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Pennon Group plc are listed in the Utilities sector within UK Main Market. Goldman Sachs have set their target price at 974 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.8% from the opening price of 920.8 GBX. Over the last 30 and 90 trading days the company share price has increased 28.6 points and increased 155 points respectively. The 52 week high for the share price is currently at 959 GBX while the year low share price is currently 679.48 GBX.

Pennon Group plc has a 50 day moving average of 889.25 GBX and a 200 Day Moving Average share price is recorded at 787.34. There are currently 420,952,863 shares in issue with the average daily volume traded being 1,418,046. Market capitalisation for LON:PNN is £3,874,466,954 GBP.

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