In a report released today, Mark Freshney from UBS maintained a Buy rating on Pennon Group plc (PNN – Research Report), with a price target of p890.00. The company’s shares opened today at p608.50.
According to TipRanks, Freshney is ranked #1748 out of 9189 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Pennon Group plc with a p687.70 average price target.
The company has a one-year high of p775.00 and a one-year low of p518.00. Currently, Pennon Group plc has an average volume of 954.9K.
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Pennon Group plc (PNN) Company Description:
Pennon Group PLC is a British water and environmental utility infrastructure company that operates primarily in the United Kingdom. It has smaller operations in the European Union, China, and other countries. The company operates through Water, Non-household retail and other segments. The water business comprises the regulated water and wastewater services undertaken by South West Water. The non-household retail business comprises the services provided by Pennon Water Services in the non-household water and wastewater retail market. Majority of revenue is derived from the water division.
