PNN Pennon Group Plc

448.60GBp-2.22%Mkt Cap: 2.30B $P/E: 23.61

Pennon Group Plc provides water and wastewater services in the United Kingdom. The company operates through two segments, Water and Non-Household Retail. It is also involved in renewable energy generation activities, as …

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Pennon Group (LSE:PNN) Stock Sees Modest Fair Value Cut As Analysts Turn Cautious

The latest update on Pennon Group trims the modelled fair value from £6.02 to £5.77, a modest cut of around 4% in the price target framework. This move sits within a recent cluster of Street valuations between 550 GBp and 650 GBp, where analysts balance a more supportive UK water regulatory backdrop with some caution on execution risk. As you read on, you will see how this evolving narrative might shape expectations and how to track further shifts in sentiment around Pennon Group. Stay...

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Pennon faces balance sheet pressure ahead of September strategy update

Pennon Group PLC (LSE:PNN, OTC:PEGRY), the owner of South West Water, faces a crunch balance sheet decision at its strategic update in September, according to two City brokers. RBC Capital Markets cut its price target on Pennon to 575p from 650p, though it kept an "outperform" rating, citing...

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