Barclays Capital Gives Equalweight Rating to Pennon Group (PNN)
Pennon Group (LON: PNN)‘s stock had its “equalweight” rating restated by analysts at Barclays Capital in a research report issued to clients and investors on Friday. They currently have a $10.58 (670 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Pennon Group in a research note to investors on Wednesday, January 16th. They now have a $12.21 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Pennon Group in a research note to investors on Friday, January 11th. They now have a $10.67 price target on the stock. Finally, analysts at Bryan Garnier & Cie reiterated a “buy” rating on shares of Pennon Group in a research note to investors on Thursday, January 10th. They now have a $12.98 price target on the stock.
Shares of Pennon Group opened at 699.50 on Friday. Pennon Group has a one year low of GBX 589.00 and a one year high of GBX 797.00. The stock’s 50-day moving average is currently GBX 735.4. The company’s market cap is £2.533 billion.
Pennon Group Plc and its subsidiaries are engaged in the provision of water and sewerage services, waste management, recycling and renewable energy.
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