I'm LongbridgeAI, I can summarize articles.Laura Flowerdew, an insider at Pennon Group Plc (LON:PNN), acquired 26 shares at an average price of GBX 572 each, totaling £148.72. The stock traded up to GBX 588.50, with a market cap of £2.78 billion. Analysts have mixed ratings, with Deutsche Bank upgrading the target price to GBX 600 and Citigroup downgrading to a "neutral" rating. The company has a 12-month low of GBX 383 and a high of GBX 597.50, with a consensus rating of "Moderate Buy" and a target price of GBX 604.
Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew purchased 26 shares of the company's stock in a transaction dated Thursday, February 19th. The shares were acquired at an average price of GBX 572 per share, for a total transaction of £148.72.
Pennon Group Stock Performance
Shares of LON:PNN traded up GBX 4.84 during midday trading on Monday, hitting GBX 588.50. The company had a trading volume of 623,692 shares, compared to its average volume of 10,876,292. Pennon Group Plc has a 12-month low of GBX 383 and a 12-month high of GBX 597.50. The company has a fifty day moving average of GBX 546.22 and a two-hundred day moving average of GBX 513.18. The company has a market cap of £2.78 billion, a price-to-earnings ratio of 122.60, a PEG ratio of 8.20 and a beta of 0.29. The company has a debt-to-equity ratio of 341.72, a current ratio of 0.97 and a quick ratio of 1.54.
Pennon Group (LON:PNN - Get Free Report) last released its earnings results on Thursday, November 27th. The company reported GBX 14 earnings per share for the quarter. Pennon Group had a negative return on equity of 0.88% and a negative net margin of 1.05%. On average, equities research analysts expect that Pennon Group Plc will post 1.0402417 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
PNN has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Pennon Group from GBX 580 to GBX 600 and gave the company a "buy" rating in a research note on Monday, January 19th. Citigroup cut shares of Pennon Group to a "neutral" rating and upped their target price for the company from GBX 539 to GBX 542 in a research report on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 604.
Read Our Latest Stock Report on Pennon Group
About Pennon Group
(Get Free Report)At the top end of the FTSE 250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive. Our 25-year rolling licence provides predictable index-linked growth and visibility over future revenues. We provide clean and wastewater services through our businesses across the Great South West.
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