Home » Reports » Broker Ratings » Pennon Group plc 4.8% Potential Decrease Indicated by Jefferies International

Pennon Group plc 4.8% Potential Decrease Indicated by Jefferies International

Pennon Group plc with EPIC/TICKER (LON:PNN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Jefferies International. Pennon Group plc are listed in the Utilities sector within UK Main Market. Jefferies International have set their target price at 740 GBX on its stock. This would imply the analyst believes there is a potential downside of -4.8% from today’s opening price of 777.2 GBX. Over the last 30 and 90 trading days the company share price has increased 59.6 points and increased 15 points respectively. The 52 week high for the stock is 800 GBX while the 52 week low is 679.48 GBX.

Pennon Group plc has a 50 day moving average of 744.25 GBX and the 200 Day Moving Average price is recorded at 751.47. There are currently 420,601,393 shares in issue with the average daily volume traded being 1,009,364. Market capitalisation for LON:PNN is £3,260,585,995 GBP.