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Fenner plc 14.1% Potential Decrease Indicated by JP Morgan Cazenove

Fenner plc with EPIC/TICKER (LON:FENR) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Fenner plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 415 GBX on its stock. This is indicating the analyst believes there is a potential downside of -14.1% from the opening price of 483 GBX. Over the last 30 and 90 trading days the company share price has increased 97.25 points and increased 151.5 points respectively. The 1 year high stock price is 496 GBX while the year low stock price is currently 273.75 GBX.

Fenner plc has a 50 day moving average of 393.11 GBX and a 200 Day Moving Average share price is recorded at 347.72. There are currently 194,002,741 shares in issue with the average daily volume traded being 461,280. Market capitalisation for LON:FENR is £949,255,388 GBP.