Home » Reports » Broker Ratings » Pennon Group plc 9.5% Potential Upside Indicated by JP Morgan Cazenove
Analyst Broker Ratings

Pennon Group plc 9.5% Potential Upside Indicated by JP Morgan Cazenove

Pennon Group plc using EPIC/TICKER code (LON:PNN) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Pennon Group plc are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set a target price of 780 GBX on its stock. This now indicates the analyst believes there is a possible upside of 9.5% from the opening price of 712.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 73.2 points and increased 0.2 points respectively. The 1 year high share price is 815.39 GBX while the 52 week low for the stock is 631.6 GBX.

Pennon Group plc has a 50 day moving average of 776.37 GBX and a 200 day moving average of 755.06. There are currently 420,512,155 shares in issue with the average daily volume traded being 1,040,169. Market capitalisation for LON:PNN is £2,994,046,543 GBP.