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Pennon Group plc 10.8% Potential Upside Indicated by UBS

Pennon Group plc with EPIC/TICKER (LON:PNN) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Pennon Group plc are listed in the Utilities sector within UK Main Market. UBS have set a target price of 800 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.8% from the opening price of 722 GBX. Over the last 30 and 90 trading days the company share price has decreased 50.8 points and decreased 52.2 points respectively. The 1 year high for the share price is 824 GBX while the 52 week low is 577.4 GBX.

Pennon Group plc has a 50 day moving average of 765.80 GBX and a 200 day moving average of 726.68. There are currently 419,740,650 shares in issue with the average daily volume traded being 1,218,608. Market capitalisation for LON:PNN is £3,032,196,449 GBP.