A statement released earlier today by HSBC about Pennon Group PLC (LON:PNN) bumps the target price to 940.00GBX
- Updated: November 27, 2016
Having a price of 801.00GBX, Pennon Group PLC (LON:PNN) traded 0.80% higher on the day. With the last close down -4.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. Pennon Group PLC has recorded a 50-day average of 818.39GBX and a two hundred day average of 860.50GBX. Volume of trade was down over the average, with 51,871 shares of PNN changing hands under the typical 1,166,610
HSBC bumped up the target of Pennon Group PLC (LON:PNN) to 940.00GBX stating a potential upside of 0.17%.
On Monday November 21, 2016, HSBC released a statement on Pennon Group PLC (LON:PNN) dropped the target price from 990.00GBX to 910.00GBX that suggested an upside of 0.13%.
With a total market value of 0 GBX, Pennon Group PLC has price-earnings ratio of 22.32 with a one year low of 761.00GBX and a one year high of 958.00GBX .
A total of 15 analysts have released a research note on Pennon Group PLC. zero analysts rating the company a strong buy, six analysts rating the company a buy, four analysts rating the company a hold, four analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 852.33GBX.
More About Pennon Group PLC (LON:PNN)
Pennon Group Plc is an environmental infrastructure company. The Company operates through subsidiaries, which include South West Water Limited, Bournemouth Water Limited and Viridor Limited. The Company's segments include Water and Waste management. Its water business comprises the regulated water and wastewater services undertaken by South West Water Limited and the regulated water services undertaken by Bournemouth Water Limited. The waste management business is the waste recycling and recovery services provided by Viridor Limited. South West Water Limited is engaged in providing water and wastewater services for Devon, Cornwall and parts of Dorset and Somerset. Bournemouth Water Limited is engaged in providing the water services for parts of Dorset, Hampshire and Wiltshire. Viridor Limited is a recycling, energy recovery and waste management company, providing services to over 150 local authorities and corporate clients, as well as over 32,000 customers across the United Kingdom.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.