Pennon Group (LON:PNN) Insider Laura Flowerdew Purchases 26 Shares of Stock

Pennon Group Plc (LON:PNNGet Free Report) insider Laura Flowerdew purchased 26 shares of the stock in a transaction dated Thursday, February 19th. The shares were acquired at an average cost of GBX 572 per share, for a total transaction of £148.72.

Pennon Group Trading Up 0.5%

Pennon Group stock opened at GBX 586.50 on Tuesday. Pennon Group Plc has a one year low of GBX 383 and a one year high of GBX 597.50. The business’s fifty day moving average is GBX 547.66 and its 200 day moving average is GBX 513.79. The stock has a market capitalization of £2.77 billion, a PE ratio of 122.19, a price-to-earnings-growth 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:PNNGet Free Report) last posted its earnings results on Thursday, November 27th. The company reported GBX 14 earnings per share (EPS) for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.88%. On average, sell-side analysts predict that Pennon Group Plc will post 1.0402417 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PNN shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of Pennon Group from GBX 580 to GBX 600 and gave the stock a “buy” rating in a report on Monday, January 19th. Citigroup cut Pennon Group to a “neutral” rating and increased their price target for the company from GBX 539 to GBX 542 in a report on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 604.

View Our Latest 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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Insider Buying and Selling by Quarter for Pennon Group (LON:PNN)

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