Pennon Group (LON: PNN)‘s stock had its “buy” rating restated by equities researchers at Bryan Garnier & Cie in a report issued on Thursday. They currently have a $12.98 (810 GBX) target price on the stock.

Shares of Pennon Group opened at 653.38 on Thursday. Pennon Group has a 52 week low of GBX 589.00 and a 52 week high of GBX 797.00. The stock’s 50-day moving average is currently GBX 735.4. The company’s market cap is £2.366 billion.

PNN has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Pennon Group in a research note to investors on Monday, December 3rd. They now have a $12.18 price target on the stock. Finally, analysts at HSBC upgraded shares of Pennon Group to an “overweight” rating in a research note to investors on Friday, November 9th. They now have a $13.10 price target on the stock.

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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