Pennon Group plc 8.1% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Pennon Group plc with EPIC/TICKER (LON:PNN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Pennon Group plc are listed in the Utilities sector within UK Main Market. Deutsche Bank have set their target price at 880 GBX on its stock. This is indicating the analyst believes there is a potential upside of 8.1% from the opening price of 814.2 GBX. Over the last 30 and 90 trading days the company share price has increased 50.4 points and increased 75.6 points respectively. The 1 year high share price is 820.6 GBX while the year low share price is currently 679.48 GBX.

Pennon Group plc has a 50 day moving average of 750.14 GBX and a 200 Day Moving Average share price is recorded at 753.95. There are currently 420,601,393 shares in issue with the average daily volume traded being 1,122,781. Market capitalisation for LON:PNN is £3,451,454,928 GBP.

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    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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