Pennon Group plc (PNN) Insider Christopher Loughlin Purchases 20 Shares

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.

The firm also recently announced a dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Thursday, January 25th will be paid a dividend of GBX 11.97 ($0.16) per share. The ex-dividend date is Thursday, January 25th. This represents a yield of 1.54%.

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).

COPYRIGHT VIOLATION WARNING: This story was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://www.americanbankingnews.com/2018/01/22/pennon-group-plc-pnn-insider-christopher-loughlin-purchases-20-shares.html.

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.

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

Receive News & Ratings for Pennon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennon Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply