Pennon Group plc using EPIC/TICKER code (LON:PNN) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Pennon Group plc are listed in the Utilities sector within UK Main Market. Barclays Capital have set their target price at 820 GBX on its stock. This indicates the analyst now believes there is a potential upside of 8.9% from today’s opening price of 753.2 GBX. Over the last 30 and 90 trading days the company share price has increased 60.4 points and increased 7 points respectively. The 52 week high for the share price is currently at 815.39 GBX while the year low share price is currently 577.4 GBX.
Pennon Group plc has a 50 day moving average of 734.71 GBX and a 200 day moving average of 750.23. There are currently 420,436,980 shares in issue with the average daily volume traded being 1,122,084. Market capitalisation for LON:PNN is £3,192,798,528 GBP.
