Pennon Group plc (PNN) Set to Announce Earnings on Friday
Pennon Group plc (LON:PNN) will release its earnings data before the market opens on Friday, November 25th.
Shares of Pennon Group plc (LON:PNN) opened at 812.50 on Thursday. The stock has a 50 day moving average of GBX 821.93 and a 200-day moving average of GBX 861.16. Pennon Group plc has a 1-year low of GBX 761.00 and a 1-year high of GBX 958.00. The company’s market capitalization is GBX 3.35 billion.
PNN has been the topic of several recent analyst reports. Credit Suisse Group AG restated an “underperform” rating and issued a GBX 815 ($10.18) target price on shares of Pennon Group plc in a report on Wednesday, July 27th. Deutsche Bank AG restated a “buy” rating and issued a GBX 900 ($11.24) target price on shares of Pennon Group plc in a report on Wednesday, September 7th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 900 ($11.24) price target on shares of Pennon Group plc in a report on Wednesday, September 7th. HSBC reiterated a “buy” rating and issued a GBX 990 ($12.37) price target on shares of Pennon Group plc in a report on Tuesday, September 13th. Finally, BNP Paribas reiterated an “outperform” rating and issued a GBX 950 ($11.87) price target on shares of Pennon Group plc in a report on Tuesday, September 13th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 875 ($10.93).
Pennon Group plc Company Profile
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.
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