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Pendragon PLC 32.4% Potential Upside Indicated by Berenberg

Pendragon PLC using EPIC/TICKER code (LON:PDG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Pendragon PLC are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 46 GBX on its stock. This is indicating the analyst believes there is a potential upside of 32.4% from the opening price of 34.75 GBX. Over the last 30 and 90 trading days the company share price has increased 2.5 points and decreased 0.5 points respectively. The 1 year high for the stock price is 42.47 GBX while the 52 week low is 25.1 GBX.

Pendragon PLC has a 50 day moving average of 34.91 GBX and a 200 Day Moving Average share price is recorded at 33.14. There are currently 1,425,572,571 shares in issue with the average daily volume traded being 3,178,497. Market capitalisation for LON:PDG is £498,950,400 GBP.

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