Laura Flowerdew Purchases 29 Shares of Pennon Group (LON:PNN) Stock

Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew bought 29 shares of Pennon Group stock in a transaction that occurred on Monday, October 20th. The shares were acquired at an average cost of GBX 507 per share, for a total transaction of £147.03.Laura Flowerdew also recently made the following trade(s): On Friday, September 19th, Laura Flowerdew purchased 33 shares of Pennon Group stock. The stock was purchased at an average cost of GBX 461 per share, for a total transaction of £152.13. On Tuesday, August 19th, Laura Flowerdew purchased 31 shares of Pennon Group stock. The stock was purchased at an average cost of GBX 475 per share, for a total transaction of £147.25. Pennon Group Trading Up 2.2%Pennon Group stock traded up GBX 11.50 during trading hours on Wednesday, reaching GBX 528.50. The stock had a trading volume of 1,623,178 shares, compared to its average volume of 3,690,210. The stock has a market cap of £2.49 billion, a PE ratio of -32.83, a PEG ratio of 8.20 and a beta of 0.29. Pennon Group Plc has a 52 week low of GBX 383 and a 52 week high of GBX 624. The company has a debt-to-equity ratio of 341.72, a current ratio of 0.97 and a quick ratio of 1.54. The company has a fifty day simple moving average of GBX 475.65 and a 200-day simple moving average of GBX 486.22. Analysts Set New Price TargetsSeparately, Barclays reissued an "overweight" rating and issued a GBX 670 price target on shares of Pennon Group in a report on Thursday, October 16th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 583.50.View Our Latest Analysis on PNNPennon Group Company Profile (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.Read MoreFive stocks we like better than Pennon GroupWhat Does Downgrade Mean in Investing?Palantir-Snowflake Partnership Could Power the Next AI BreakoutWhat is a Stock Market Index and How Do You Use Them?Broadcom Secures $460 Price Target, Implying +30% UpsideWhat to Know About Investing in Penny StocksWhy Intuitive Surgical Is a No-Brainer for Long-Term InvestorsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pennon Group Right Now?Before you consider Pennon Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pennon Group wasn't on the list.While Pennon Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here