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Fenner plc 8.7% Potential Upside Indicated by Citigroup

Fenner plc using EPIC/TICKER code (LON:FENR) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Fenner plc are listed in the Industrials sector within UK Main Market. Citigroup have set a target price of 525 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.7% 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 for the stock price is 496 GBX while the 52 week low is 273.75 GBX.

Fenner plc has a 50 day moving average of 393.11 GBX and the 200 Day Moving Average 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.