Breaking Finance News

Beaufort Securities retained Pennon Group PLC (LON:PNN) to Buy in a report released today.

Just yesterday Pennon Group PLC (LON:PNN) traded 1.35% higher at 893.50GBX. Pennon Group PLC’s 50-day moving average is 886.38GBX and its 200-day moving average is 852.07GBX. The last stock price is up 5.39% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 88,936 shares of PNN traded hands, down from an average trading volume of 975,228

Beaufort Securities has retained Pennon Group PLC (LON:PNN) to Buy in a report released on 9/22/2016.

Previously on Tuesday September 13, 2016, Exane BNP Paribas released a statement about Pennon Group PLC (LON:PNN) held steady the target price at 950.00GBX. At the time, this indicated a possible upside of 0.08%.

Recent Performance Chart

Pennon Group PLC (LON:PNN)

Pennon Group PLC has 52 week low of 712.00GBX and a 52 week high of 958.00GBX with a PE ratio of 24.34 and has a market capitalization of 0 GBX.

In addition to Beaufort Securities reporting its stock price target, a total of 15 brokerages have issued a research note on the company. The average stock price target is 852.33GBX with 0 brokerages 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 lastly one analyst rating the company a sell.

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's FREE daily email newsletter.