Christopher Loughlin Purchases 18 Shares of Pennon Group plc (PNN) Stock
Pennon Group plc (LON:PNN) insider Christopher Loughlin acquired 18 shares of Pennon Group plc stock in a transaction on Monday, November 21st. The shares were bought at an average cost of GBX 804 ($10.04) per share, for a total transaction of £144.72 ($180.81).
Christopher Loughlin also recently made the following trade(s):
- On Wednesday, October 19th, Christopher Loughlin acquired 18 shares of Pennon Group plc stock. The shares were bought at an average cost of GBX 843 ($10.53) per share, for a total transaction of £151.74 ($189.58).
Pennon Group plc (LON:PNN) opened at 810.00 on Friday. The firm’s 50-day moving average is GBX 819.68 and its 200 day moving average is GBX 860.58. 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 cap is GBX 3.34 billion.
A number of research analysts have issued reports on PNN shares. Citigroup Inc. raised shares of Pennon Group plc to a “neutral” rating in a research report on Wednesday, November 16th. Deutsche Bank AG reissued a “buy” rating and set a GBX 1,000 ($12.49) price objective on shares of Pennon Group plc in a research report on Tuesday, November 15th. Credit Suisse Group AG reissued an “underperform” rating and set a GBX 815 ($10.18) price objective on shares of Pennon Group plc in a research report on Friday, August 26th. Beaufort Securities reaffirmed a “buy” rating on shares of Pennon Group plc in a research report on Thursday, September 22nd. Finally, Investec raised shares of Pennon Group plc to a “buy” rating and upped their target price for the stock from GBX 840 ($10.49) to GBX 920 ($11.49) in a research report on Wednesday, October 19th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 875 ($10.93).
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About Pennon Group plc
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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