Pennon Group Plc (LON:PNN – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 1,353.33.
PNN has been the topic of several research reports. Royal Bank Of Canada restated an “outperform” rating and set a GBX 575 price objective on shares of Pennon Group in a report on Tuesday, August 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 380 price objective on shares of Pennon Group in a research note on Wednesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Pennon Group to a “hold” rating and reduced their price objective for the company from GBX 550 to GBX 380 in a report on Monday, October 12th.
View Our Latest Research Report on PNN
Pennon Group Price Performance
Shares of PNN opened at GBX 338.80 on Tuesday. Pennon Group has a 12-month low of GBX 311.20 and a 12-month high of GBX 605. The business’s fifty day moving average is GBX 423.48 and its 200 day moving average is GBX 496.73. The company has a quick ratio of 1.53, a current ratio of 1.51 and a debt-to-equity ratio of 347.81. The stock has a market cap of £1.60 billion, a P/E ratio of 17.55, a P/E/G ratio of 8.20 and a beta of 0.57.
About Pennon Group
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.
See Also
- Five stocks we like better than Pennon Group
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Pennon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennon Group and related companies with MarketBeat.com's FREE daily email newsletter.
