Today, Pennon Group plc’s (PNN) Buy Rating Reaffirm at Beaufort Securities

Today, Pennon Group plc’s (PNN) Buy Rating Reaffirm at Beaufort Securities

Beaufort Securities reaffirmed their buy rating on shares of Pennon Group plc (LON:PNN) in a research note released on Monday.

A number of other brokerages have also recently commented on PNN. Citigroup Inc. upgraded Pennon Group plc to a neutral rating in a research note on Wednesday, November 16th. Credit Suisse Group AG upgraded Pennon Group plc to a neutral rating and boosted their price objective for the stock from GBX 790 ($9.80) to GBX 800 ($9.92) in a research note on Wednesday, November 9th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 900 ($11.16) price objective on shares of Pennon Group plc in a research note on Wednesday, September 7th. Deutsche Bank AG restated a buy rating on shares of Pennon Group plc in a research note on Monday. Finally, BNP Paribas restated an outperform rating and set a GBX 950 ($11.79) price objective on shares of Pennon Group plc in a research note on Tuesday, September 13th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 877.31 ($10.88).

Pennon Group plc (LON:PNN) opened at 818.50 on Monday. The stock’s market cap is GBX 3.37 billion. Pennon Group plc has a 1-year low of GBX 761.00 and a 1-year high of GBX 958.00. The company’s 50-day moving average price is GBX 817.71 and its 200-day moving average price is GBX 861.51.

The business also recently announced a dividend, which will be paid on Tuesday, April 4th. Stockholders of record on Thursday, February 2nd will be issued a dividend of GBX 11.09 ($0.14) per share. This represents a dividend yield of 1.36%. The ex-dividend date is Thursday, February 2nd.

Related posts

Leave a Comment