Pennon Group (LON:PNN) Reaches New 12-Month Low on Analyst Downgrade

Posted by John Perry on Oct 15th, 2026

Pennon Group Plc (LON:PNN – Get Free Report)’s share price hit a new 52-week low on Tuesday after Deutsche Bank Aktiengesellschaft downgraded the stock to a hold rating. Deutsche Bank Aktiengesellschaft now has a GBX 380 price target on the stock, down from their previous price target of GBX 550. Pennon Group traded as low as GBX 311.20 and last traded at GBX 323, with a volume of 3,815,871 shares. The stock had previously closed at GBX 357.

PNN has been the subject of a number of other reports. Royal Bank Of Canada restated an “outperform” rating and set a GBX 575 price objective on shares of Pennon Group in a research note on Tuesday, August 25th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 500 target price on shares of Pennon Group in a research report on Thursday, October 8th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 1,255.71.

View Our Latest Analysis on PNN

Insider Activity

In other news, insider Laura Flowerdew sold 1,119 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of GBX 493, for a total value of £5,516.67. Insiders purchased 96 shares of company stock worth $44,883 in the last three months. Insiders own 0.32% of the company’s stock.

Pennon Group Stock Performance

The stock has a market cap of £1.52 billion, a P/E ratio of 16.74, a PEG ratio of 8.20 and a beta of 0.57. The company has a debt-to-equity ratio of 347.81, a current ratio of 1.51 and a quick ratio of 1.53. The company has a fifty day moving average of GBX 445.28 and a 200 day moving average of GBX 483.48.

About Pennon Group

(Get Free Report)

At the top end of the FTSE 250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive. Our 25-year rolling licence provides predictable index-linked growth and visibility over future revenues.

We provide clean and wastewater services through our businesses across the Great South West.