Pennon Group Stock Rating Reaffirmed by Bryan Garnier & Cie (PNN)
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.