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Pendragon PLC 9.8% Potential Upside Indicated by JP Morgan Cazenove

Pendragon PLC using EPIC/TICKER code (LON:PDG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Pendragon PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 19 GBX on its stock. This is indicating the analyst believes there is a potential upside of 9.8% from the opening price of 17.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.65 points and decreased 9.2 points respectively. The 1 year high share price is 28.9 GBX while the 52 week low is 16.76 GBX.

Pendragon PLC has a 50 day moving average of 24.29 GBX and a 200 day moving average of 25.45. There are currently 1,396,944,405 shares in issue with the average daily volume traded being 1,218,812. Market capitalisation for LON:PDG is £251,729,388 GBP.