Key Points
- Insider Laura Flowerdew bought 29 shares on March 19 at GBX 522 (total £151.38) and previously purchased 26 shares on Feb 19 at GBX 572 (total £148.72).
- Analysts have raised price targets—Citigroup to GBX 636 and Deutsche Bank to GBX 600—with a consensus rating of "Buy" and a consensus target of GBX 635.33.
- Pennon opened at GBX 513, has a market cap of £2.42 billion, a P/E of 106.88, and a 52-week range of GBX 427.20–605.00.
Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew bought 29 shares of the business's stock in a transaction on Thursday, March 19th. The stock was acquired at an average cost of GBX 522 per share, for a total transaction of £151.38.
Laura Flowerdew also recently made the following trade(s):
- On Thursday, February 19th, Laura Flowerdew bought 26 shares of Pennon Group stock. The stock was bought at an average price of GBX 572 per share, with a total value of £148.72.
Pennon Group Stock Up 0.1%
LON:PNN opened at GBX 513 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.54 and a debt-to-equity ratio of 357.72. The stock has a 50 day moving average of GBX 559.44 and a 200-day moving average of GBX 523.54. The firm has a market capitalization of £2.42 billion, a PE ratio of 106.88, a price-to-earnings-growth ratio of 8.20 and a beta of 0.51. Pennon Group Plc has a 52 week low of GBX 427.20 and a 52 week high of GBX 605.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Citigroup upped their price objective on Pennon Group from GBX 628 to GBX 636 and gave the stock a "buy" rating in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft raised their target price on Pennon Group from GBX 580 to GBX 600 and gave the company a "buy" rating in a research note on Monday, January 19th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 635.33.
Check Out Our Latest Report on Pennon Group
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.
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