Pennon Group plc using EPIC/TICKER code (LON:PNN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Pennon Group plc are listed in the Utilities sector within UK Main Market. HSBC have set a target price of 830 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.5% from today’s opening price of 758 GBX. Over the last 30 and 90 trading days the company share price has increased 58.2 points and increased 20.4 points respectively. The 52 week high share price is 815.39 GBX while the year low share price is currently 577.4 GBX.
Pennon Group plc has a 50 day moving average of 734.40 GBX and a 200 Day Moving Average share price is recorded at 745.91. There are currently 420,436,980 shares in issue with the average daily volume traded being 1,262,995. Market capitalisation for LON:PNN is £3,183,548,863 GBP.
