Pendragon PLC (LON:PDG – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 21.50 ($0.27) and traded as high as GBX 32.65 ($0.40). Pendragon shares last traded at GBX 32.30 ($0.40), with a volume of 14,503,564 shares.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 36 ($0.44) price objective on shares of Pendragon in a report on Wednesday, September 13th.
Read Our Latest Research Report on Pendragon
Pendragon Stock Down 0.1 %
Pendragon Company Profile
Pendragon PLC, together with its subsidiaries, operates in the automotive retail sector in the United Kingdom. The company operates through three segments: UK Motor, Software, and Leasing segments. Its UK Motor segment includes sale and servicing of vehicles in the UK; Software segment includes Licencing of Software as a Service to global automotive business users; and Leasing segment includes provision of fleet and contract hire.
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