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Pennon Group PLC (LON:PNN) target price held steady at 900.00GBX, reported today by Deutsche Bank

Yesterday Pennon Group PLC (LON:PNN) traded 0.00% even at 800.50GBX. The company’s 50-day moving average is 805.49GBX and its 200-day moving average is 839.34GBX. The last stock close price is down 0.67% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 4,692,124 shares of the stock were exchanged, up from an average trading volume of 1,623,170

Pennon Group PLC (LON:PNN) had its target price hold steady to 900.00GBX by Deutsche Bank in a report released 2/10/2017. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Previously on 2/6/2017, Credit Suisse reported about Pennon Group PLC (LON:PNN) held steady the target price at 750.00GBX. At the time, this indicated a possible downside of -0.04%.

See Chart Below

Pennon Group PLC (LON:PNN)

Pennon Group PLC has a 52 week low of 761.00GBX and a 52 week high of 958.00GBX with a P/E ratio of 22.35 The company’s market cap is currently 0 GBX.

In addition to Deutsche Bank reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is 852.33GBX with 0 firms rating the stock a strong buy, 6 firms rating the stock a buy, 4 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

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.

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