Home » Reports » Broker Ratings » Pennon Group plc 6.4% Potential Upside Indicated by Goldman Sachs
broker ratings

Pennon Group plc 6.4% Potential Upside Indicated by Goldman Sachs

Pennon Group plc using EPIC/TICKER code (LON:PNN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Pennon Group plc are listed in the Utilities sector within UK Main Market. Goldman Sachs have set a target price of 775 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.4% from today’s opening price of 728.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 44.4 points and decreased 64.4 points respectively. The 52 week high for the stock is 824 GBX while the year low share price is currently 577.4 GBX.

Pennon Group plc has a 50 day moving average of 764.08 GBX and a 200 day moving average of 726.50. There are currently 419,740,650 shares in issue with the average daily volume traded being 1,216,022. Market capitalisation for LON:PNN is £3,041,461,207 GBP.