TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pennon Group plc ( (GB:PNN) ) has shared an update.
Pennon Group plc announced that its Group Chief Executive Officer, Susan Jane Davy, and Group Chief Financial Officer, Laura Flowerdew, have both made purchases of ordinary shares as part of the company’s Share Incentive Plan. These transactions, conducted on the London Stock Exchange, reflect the executives’ commitment to aligning their interests with those of the shareholders and demonstrate confidence in the company’s future performance.
The most recent analyst rating on (GB:PNN) stock is a Hold with a £576.00 price target. To see the full list of analyst forecasts on Pennon Group plc stock, see the GB:PNN Stock Forecast page.
Spark’s Take on GB:PNN Stock
According to Spark, TipRanks’ AI Analyst, GB:PNN is a Neutral.
The overall stock score of 68 reflects a mixed outlook. Strong technical momentum and strategic growth initiatives are positive, but financial performance challenges and valuation concerns weigh on the score. The earnings call provided a balanced view, with significant investments and acquisitions supporting future growth, but operational and financial challenges remain.
To see Spark’s full report on GB:PNN stock, click here.
More about Pennon Group plc
Pennon Group plc operates in the utilities sector, primarily focusing on water and wastewater services. It is a leading provider in the UK market, known for its commitment to sustainability and efficient resource management.
Average Trading Volume: 997,857
Technical Sentiment Signal: Buy
Current Market Cap: £2.31B
See more data about PNN stock on TipRanks’ Stock Analysis page.