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Pin to quick picksPennon Share News (PNN)

Share Price Information for Pennon (PNN)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 665.50
Bid: 667.50
Ask: 669.50
Change: 9.50 (1.45%)
Spread: 2.00 (0.30%)
Open: 642.50
High: 671.00
Low: 642.50
Prev. Close: 656.00
PNN Live PriceLast checked at -

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BROKER RATINGS: Davy starts Rentokil and Bunzl with Outperform

Thu, 01st Apr 2021 09:35

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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FTSE 100

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DAVY INITIATES RENTOKIL INITIAL WITH 'OUTPERFORM'

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DAVY INITIATES INTERTEK WITH 'UNDERPERFORM'

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DAVY INITIATES BUNZL WITH 'OUTPERFORM'

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BERENBERG RAISES PERSIMMON PRICE TARGET TO 3,340 (3,180) PENCE - 'BUY'

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JEFFERIES RAISES ASHTEAD GROUP PRICE TARGET TO 5,400 (4,400) PENCE - 'BUY'

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BANK OF AMERICA RAISES INTERNATIONAL CONSOLIDATED AIRLINES PRICE TARGET TO 270 (250) PENCE - 'BUY'

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CITIGROUP RAISES GLENCORE PRICE TARGET TO 400 (300) PENCE - 'BUY'

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BANK OF AMERICA RAISES BT GROUP TO 'BUY' ('NEUTRAL') - TARGET 200 (160) PENCE

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FTSE 250

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DAVY INITIATES SERCO GROUP WITH 'OUTPERFORM'

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DAVY INITIATES IWG WITH 'OUTPERFORM'

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DAVY INITIATES HOMESERVE WITH 'OUTPERFORM'

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DAVY INITIATES ELECTROCOMPONENTS WITH 'UNDERPERFORM'

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JPMORGAN CUTS ROYAL MAIL PRICE TARGET TO 685 (704) PENCE - 'OVERWEIGHT'

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JEFFERIES RAISES CMC MARKETS PRICE TARGET TO 530 (450) PENCE - 'HOLD'

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GOLDMAN RAISES PENNON GROUP PRICE TARGET TO 1,077 (1,076) PENCE - 'NEUTRAL'

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BANK OF AMERICA RAISES CINEWORLD GROUP PRICE TARGET TO 117 (70) PENCE - 'NEUTRAL'

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BANK OF AMERICA RAISES WIZZ AIR PRICE TARGET TO 5,500 (5,200) PENCE - 'BUY'

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BANK OF AMERICA RAISES EASYJET PRICE TARGET TO 1,200 (1,150) PENCE - 'BUY'

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OTHER MAIN MARKET AND AIM

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LIBERUM RAISES FULLER SMITH & TURNER PRICE TARGET TO 900 (680) PENCE - 'HOLD'

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DAVY INITIATES RWS HOLDINGS WITH 'OUTPERFORM'

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BARCLAYS RESUMES PREMIER OIL, NOW HARBOUR ENERGY, WITH OVERWEIGHT - PRICE TARGET 30 PENCE

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BARCLAYS RAISES AG BARR PRICE TARGET TO 500 (490) PENCE - 'EQUAL WEIGHT'

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JEFFERIES CUTS KERRY GROUP PRICE TARGET TO 127 (130) EUR - 'BUY'

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BANK OF AMERICA RAISES RYANAIR PRICE TARGET TO 19 (17.50) EUR - 'BUY'

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Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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12 Jan 2024 15:15

IN BRIEF: Pennon CEO Susan Davy buys GBP60,000 in shares

Pennon Group PLC - Exeter-based water utility company - Chief Executive Susan Davy buys 8,356 shares at GBP7.30 each, worth GBP60,999, in London on Friday.

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11 Jan 2024 12:04

IN BRIEF: CMA issues initial enforcement order on Pennon for SES Water

Pennon Group PLC - Exeter-based water utility - The UK Competition & Markets Authority says that on Monday it served an initial enforcement order on Pennon in relation to the FTSE 250 company's agreement to buy Sutton & East Surrey Water PLC, which Pennon announced on Wednesday. Pennon said it agreed to buy Sumisho Osaka Gas Water UK Ltd and related businesses from Sumitomo Corp and Osaka Gas for GBP89 million, with the deal representing an enterprise value including debt of GBP380 million. Sumisho Osaka owns Sutton & East Surrey Water, or SES Water. An initial enforcement order requires the companies to take no irreversible action while the CMA determines whether it will investigate the deal for competition concerns.

Read more
10 Jan 2024 16:54

UPDATE: Pennon acquires SES Water owner, raises GBP180 million

(Alliance News) - Pennon Group PLC on Wednesday said it has raised GBP180 million through a fundraise, in connection with its newly announced takeover of Sutton & East Surrey Water PLC.

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10 Jan 2024 09:12

TOP NEWS: Pennon acquires SES Water owner, plans fundraise

(Alliance News) - Pennon Group PLC on Wednesday announced a placing and retail offer to raise up to GBP180 million, in connection with its newly announced takeover of Sutton & East Surrey Water PLC.

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10 Jan 2024 08:49

LONDON MARKET OPEN: Grocers weigh on FTSE as Sainsbury's disappoints

(Alliance News) - Stock prices in London opened mixed on Wednesday, as investors remained cautious ahead of US inflation data, and rising geopolitical tensions.

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10 Jan 2024 07:45

Pennon raising cash to fund £89m acquisition of SES Water

(Sharecast News) - Water utility company Pennon is raising up to £180m in an equity capital raise to fund the acquisition of Sumisho Osaka Gas Water UK, the holding company of Sutton and East Surrey Water (SES Water).

Read more
10 Jan 2024 07:40

LONDON BRIEFING: Sainsbury's grocery sales drive festive growth

(Alliance News) - Stocks are expected to retreat at Wednesday's market open in London, with investors hesitant to take risks ahead of key market catalysts later this week.

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14 Dec 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
30 Nov 2023 08:55

LONDON MARKET OPEN: Cooler CPI data brings ECB cut closer into view

(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations.

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29 Nov 2023 16:40

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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29 Nov 2023 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.

Read more
29 Nov 2023 09:31

TOP NEWS: Pennon ups payout as profit falls; focuses on water quality

(Alliance News) - Pennon Group PLC on Wednesday said it is focused on reducing its impact on river water quality as it announced a higher dividend despite a dive in profit.

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29 Nov 2023 07:39

LONDON BRIEFING: Hargreaves Lansdown says Dechra's Platt to be chair

(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors consider the latest dovish remarks from the US Federal Reserve.

Read more
29 Nov 2023 07:16

Pennon revenue rises, profit slides in first half

(Sharecast News) - Water utility Pennon Group reported a 5.4% increase in first-half underlying revenue on Wednesday, to £448.6m, driven by inflationary tariff adjustments moderated by regulatory measures to minimise the impact on customer bills.

Read more

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