Pendragon PLC 12.5% Potential Upside Indicated by Berenberg Bank

Broker Ratings

Pendragon PLC using EPIC/TICKER code (LON:PDG) had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg Bank. Pendragon PLC are listed in the Consumer Services sector within UK Main Market. Berenberg Bank have set their target price at 8 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.5% from today’s opening price of 7.11 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.89 points and decreased 2.81 points respectively. The 52 week high for the share price is currently at 14.7 GBX while the year low share price is currently 4.02 GBX.

Pendragon PLC has a 50 day moving average of 8.61 GBX and a 200 Day Moving Average share price is recorded at 9.67. There are currently 1,396,944,405 shares in issue with the average daily volume traded being 1,763,964. Market capitalisation for LON:PDG is £107,222,466 GBP.

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