Pennon Group plc 8.2% Potential Upside Indicated by Deutsche Bank

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 ‘HOLD’ this morning by analysts at Deutsche Bank. Pennon Group plc are listed in the Utilities sector within UK Main Market. Deutsche Bank have set a target price of 780 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.2% from today’s opening price of 720.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.2 points and decreased 38.4 points respectively. The 52 week high for the share price is currently at 815.39 GBX while the 52 week low for the stock is 679.48 GBX.

Pennon Group plc has a 50 day moving average of 757.37 GBX and a 200 Day Moving Average share price is recorded at 750.86. There are currently 420,512,703 shares in issue with the average daily volume traded being 897,362. Market capitalisation for LON:PNN is £3,047,034,943 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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