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Pennon Group plc 8.2% Potential Upside Indicated by RBC Capital Markets

Pennon Group plc with EPIC/TICKER (LON:PNN) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Pennon Group plc are listed in the Utilities sector within UK Main Market. RBC Capital Markets have set a target price of 825 GBX on its stock. This now indicates the analyst believes there is a possible upside of 8.2% from today’s opening price of 762.8 GBX. Over the last 30 and 90 trading days the company share price has increased 51.4 points and decreased 6.2 points respectively. The 52 week high for the share price is currently at 815.39 GBX while the 52 week low for the share price is 577.4 GBX.

Pennon Group plc has a 50 day moving average of 735.66 GBX and the 200 Day Moving Average price is recorded at 752.23. There are currently 420,446,156 shares in issue with the average daily volume traded being 1,171,517. Market capitalisation for LON:PNN is £3,242,480,806 GBP.