Analyst Price Target is GBX 856.67
▲ +85.43% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Pennon Group in the last 3 months. The average price target is GBX 856.67, with a high forecast of GBX 1,030 and a low forecast of GBX 710. The average price target represents a 85.43% upside from the last price of GBX 462.
Current Consensus is
Moderate Buy
The current consensus among 4 contributing investment analysts is to moderate buy stock in Pennon Group. This rating has held steady since May 2024, when it changed from a Hold consensus rating.
At the top end of the FTSE250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive. Our 25-year rolling licence provides predictable index-linked growth and visibility over future revenues – with c.85% of the Group’s revenues currently derived from our well-established regulated businesses.
We provide clean and wastewater services through our businesses across the Great South West. Our team of around 3,000 talented colleagues work around the clock to deliver services to a population of over 3.5 million.
We embrace innovative ways of working, we nurture and support our people – recognising that people are our greatest asset, and we listen to our stakeholders – working in partnership to deliver lasting improvements. We believe that the role of a responsible business is one of stewardship for sustainable living, supporting communities, customers and the environment to thrive, now and into the future. As one of only three listed water companies in the UK, strong governance is at the heart of our decision making as we focus on doing the right things, in the right way, every day.
We are investing more than ever before to deliver environmental benefits, and to support the achievement of our stretching commitments for customers and communities. Since privatisation in 1989, we’ve invested c.£13 billion in our infrastructure across the region and we are well underway in delivering more. We know there is more to do, and we are well positioned to deliver for all.
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