Analyst Price Target is GBX 1,116.75
▼ -0.56% Downside 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 1,116.75, with a high forecast of GBX 1,180 and a low forecast of GBX 1,060. The average price target represents a -0.56% upside from the last price of GBX 1,123.
Current Consensus is
Hold
The current consensus among 4 investment analysts is to hold stock in Pennon Group. This rating has held steady since November 2019, when it changed from a Buy consensus rating.
Pennon Group Plc engages in the environmental infrastructure businesses in the United Kingdom, rest of European Union, China, and internationally. The company's Water segment comprises the regulated water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; and water services in the areas of Dorset, Hampshire, and Wiltshire. It operates 23 raw water reservoirs, 650 wastewater treatment works, 17,515 kilometers wastewater mains network, 18,370 kilometers of drinking water mains network, and 34 drinking water treatment works, as well as serves 2 million population. The company's Waste Management segment provides recycling, energy recovery, and waste management services serving local authorities, as well as 34,000 customers. It operates 11 energy recovery facilities; 200 recycling, energy recovery, and waste management facilities; 6.7 million tonnes of waste materials; and 5.5 million tonnes of recycled or recovered materials. The company's Non-Household Retail Business water and wastewater retail services to non-household customers. It serves 1.2 million businesses and other non-household customers. Pennon Group Plc was founded in 1989 and is based in Exeter, the United Kingdom.
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