---
title: "Jefferies Reaffirms Their Hold Rating on Pennon Group plc (PNN)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294721417.md"
description: "Jefferies analyst Ahmed Farman reaffirmed a Hold rating on Pennon Group plc (PNN) with a price target of p500.00. This contrasts with the broader market consensus, which suggests a Moderate Buy rating and an average price target of p599.67 for the stock."
datetime: "2026-08-03T15:15:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294721417.md)
  - [en](https://longbridge.com/en/news/294721417.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294721417.md)
generator: "portal-rs"
---

# Jefferies Reaffirms Their Hold Rating on Pennon Group plc (PNN)

In a report released today, Ahmed Farman from Jefferies maintained a Hold rating on Pennon Group plc, with a price target of p500.00.

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According to TipRanks, Farman is ranked #527 out of 12359 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pennon Group plc with a p599.67 average price target.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**