Pennon Group plc (LON:PNN) insider Davy ,Susan bought 14 shares of the stock in a transaction on Monday, September 19th. The shares were bought at an average cost of GBX 890 ($11.62) per share, with a total value of £124.60 ($162.64).
Davy ,Susan also recently made the following trade(s):
- On Tuesday, July 19th, Davy ,Susan bought 13 shares of Pennon Group plc stock. The shares were bought at an average cost of GBX 909 ($11.87) per share, with a total value of £118.17 ($154.25).
Shares of Pennon Group plc (LON:PNN) opened at 893.344 on Monday. The firm’s 50-day moving average is GBX 887.12 and its 200-day moving average is GBX 852.93. Pennon Group plc has a 12-month low of GBX 727.00 and a 12-month high of GBX 958.00. The firm’s market cap is GBX 3.68 billion.
Several research analysts have recently commented on PNN shares. HSBC reissued a “buy” rating and issued a GBX 990 ($12.92) price objective on shares of Pennon Group plc in a research note on Tuesday, July 5th. Credit Suisse Group AG raised their price objective on shares of Pennon Group plc from GBX 730 ($9.53) to GBX 815 ($10.64) and gave the company an “underperform” rating in a research note on Thursday, July 21st. JPMorgan Chase & Co. raised their price objective on shares of Pennon Group plc from GBX 850 ($11.10) to GBX 900 ($11.75) and gave the company a “neutral” rating in a research note on Friday, July 22nd. Deutsche Bank AG reissued a “buy” rating and issued a GBX 900 ($11.75) price objective on shares of Pennon Group plc in a research note on Wednesday, September 7th. Finally, Societe Generale raised their price objective on shares of Pennon Group plc from GBX 840 ($10.96) to GBX 875 ($11.42) and gave the company a “hold” rating in a research note on Friday. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 865.79 ($11.30).
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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