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Pin to quick picksPennon Share News (PNN)

Share Price Information for Pennon (PNN)

London Stock Exchange
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Share Price: 608.00
Bid: 608.50
Ask: 610.00
Change: -10.00 (-1.62%)
Spread: 1.50 (0.247%)
Open: 608.50
High: 616.50
Low: 604.00
Prev. Close: 618.00
PNN Live PriceLast checked at -

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LONDON BROKER RATINGS: Barclays raises John Wood and cuts Hunting

Mon, 06th Jun 2022 09:44

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

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FTSE 100

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Deutsche Bank cuts United Utilities price target to 1,080 (1,160) pence - 'hold'

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Bernstein cuts Croda International price target to 8,400 (8,500) pence - 'market-perform'

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RBC cuts B&M European Value Retail price target to 480 (600) pence - 'sector perform'

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JPMorgan cuts B&M price target to 580 (740) pence - 'overweight'

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Jefferies raises BAE Systems price target to 890 (875) pence - 'buy'

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Citigroup cuts Aveva to 'sell' (neutral) - price target 2,000 (2,150) pence

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FTSE 250

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Barclays raises John Wood to 'overweight' (equal weight) - price target 340 (330) pence

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Deutsche Bank cuts Ibstock price target to 200 (232) pence - 'hold'

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Deutsche Bank cuts Pennon target to 1,100 (1,120) pence - 'hold'

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Bernstein raises Johnson Matthey target to 2,500 (2,400) pence - 'market-perform'

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RBC raises Firstgroup price target to 160 (115) pence - 'outperform'

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SMALL CAP

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Barclays cuts EnQuest to 'underweight' (equal weight) - price target 23 (40) pence

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Barclays cuts Hunting to 'underweight' (overweight) - price target 360 (330) pence

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Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
15 Jan 2024 15:28

South West Water accused of not being honest over drought projections

(Sharecast News) - Shares in Pennon Group fell on Monday after its South West Water arm was accused on Monday of not being honest with regulators over how prepared it was for a drought in 2022.

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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.

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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).

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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:

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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.

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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.

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