Pennon Group plc (LON:PNN) insider Christopher Loughlin purchased 20 shares of the company’s stock in a transaction that occurred on Friday, January 19th. The stock was bought at an average cost of GBX 739 ($10.02) per share, for a total transaction of £147.80 ($200.43).
Christopher Loughlin also recently made the following trade(s):
- On Tuesday, December 19th, Christopher Loughlin purchased 19 shares of Pennon Group stock. The stock was bought at an average cost of GBX 791 ($10.73) per share, for a total transaction of £150.29 ($203.81).
- On Monday, November 20th, Christopher Loughlin purchased 19 shares of Pennon Group stock. The stock was bought at an average cost of GBX 780 ($10.58) per share, for a total transaction of £148.20 ($200.98).
Shares of Pennon Group plc (LON:PNN) traded up GBX 5 ($0.07) on Monday, reaching GBX 746.20 ($10.12). 1,205,990 shares of the company’s stock traded hands, compared to its average volume of 1,330,000. Pennon Group plc has a 52 week low of GBX 731.80 ($9.92) and a 52 week high of GBX 947.23 ($12.85). The firm has a market cap of $3,120.00 and a PE ratio of 1,695.91.
A number of equities research analysts recently issued reports on the stock. Deutsche Bank reissued a “hold” rating and issued a GBX 840 ($11.39) price target on shares of Pennon Group in a research note on Thursday, December 14th. JPMorgan Chase & Co. dropped their price target on shares of Pennon Group from GBX 860 ($11.66) to GBX 830 ($11.26) and set a “neutral” rating on the stock in a research note on Thursday, December 7th. Barclays reissued an “underweight” rating on shares of Pennon Group in a research note on Tuesday, November 14th. Credit Suisse Group reissued an “underperform” rating and issued a GBX 710 ($9.63) price target on shares of Pennon Group in a research note on Thursday, November 2nd. Finally, Beaufort Securities reissued a “buy” rating on shares of Pennon Group in a research note on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 864.44 ($11.72).
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About Pennon Group
Pennon Group Plc is an environmental infrastructure company. The Company operates through subsidiaries, which include South West Water Limited, Bournemouth Water Limited and Viridor Limited. The Company’s segments include Water and Waste management. Its water business comprises the regulated water and wastewater services undertaken by South West Water Limited and the regulated water services undertaken by Bournemouth Water Limited.
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