News Results for Pennon Group (PNN)

Water utility Pennon said it had issued shares to its customers as part of an agreement to distribute profit performance exceeding regulatory strictures. Pennon said £20 million was being given to...

Susan Davy, Executive Director, bought 12 shares in the company on the 19th October 2020 at a price of £10.28. The Director now holds 87,732 shares. Story provided by StockMarketWire.com Director...

Having traded sharply lower at lunchtime the FTSE 100 made a strong recovery in the afternoon, closing 0.3% higher at 5,842.67, while US stocks shrugged off early losses to trade sharply higher, by...

The FTSE 100 surrendered its early gains by lunchtime, trading down 0.8% at 5,776.34 amid news that London had been placed on a national Covid-19 watchlist amid a surge in cases. The sell-off...

UK stocks eked out modest gains in early trading on Friday amid hopes that lawmakers in the US would agree on a crucial stimulus package for the world's biggest economy. At 0823, the benchmark...

Water utility Pennon said it would update investors in November about its plans for its cash pile, with acquisitions and returns to shareholder both still on the company's radar. Pennon recently...

Susan Davy, Executive Director, bought 12 shares in the company on the 21st September 2020 at a price of 10.248722p. The Director now holds 87,720 shares. Story provided by StockMarketWire.com...

Susan Davy, Executive Director, has re-invested 103 shares in the company on the 3rd September 2020 at a price of 10.453680p. The Director now holds 87,708 shares. Story provided by...

Susan Davy, Executive Director, has transferred in 20,503 shares in the company on the 4th September 2020 at a price of 0.000000p. The Director now holds 87,605 shares. Story provided by...

Susan Davy, Executive Director, bought 12 shares in the company on the 19th August 2020 at a price of 10.275000p. The Director now holds 67,102 shares. Story provided by StockMarketWire.com...

Christopher Loughlin, Chief Executive Officer, bought 14 shares in the company on the 20th July 2020 at a price of 10.800000p. The Director now holds 379,570 shares. Story provided by...

Susan Davy, Executive Director, bought 12 shares in the company on the 20th July 2020 at a price of 10.800000p. The Director now holds 67,090 shares. Story provided by StockMarketWire.com...

Water utility Pennon said said it had completed the sale of its Viridor waste management business to funds advised by Kohlberg Kravis Roberts for £4.2bn, including debt. Pennon reiterated that it...

Goldman Sachs today reaffirms its neutral investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 1155p (from 1184p). Story provided by StockMarketWire.com Broker Forecasts...

An afternoon rally fizzled out as the FTSE 100 closed well into the red on Thursday, weighed down by negative macroeconomic news with total unemployment claims in the US now worse than expected....

The FTSE 100 dropped lower on Thursday, weighed down by oil shares after a big fall in brent crude prices heightened concerns over a large build-up of US inventories. At 1200, the UK's benchmark...

The FTSE 100 opened lower as it was revealed that business secretary Alok Sharma has been tested for COVID-19 after falling ill in parliament yesterday (3 June) and protestors in central London...

Water utility Pennon has warned that it expects non-household revenue to reduce in 2020-21 as a result of the financial impact of COVID-19, with a risk from credit losses, and confirmed its £4.2bn...

Credit Suisse today upgrades its investment rating on Pennon Group PLC (LON:PNN) to neutral (from underperform) and raised its price target to 1035p (from 700p). Story provided by...

Exane BNP Paribas today upgrades its investment rating on Pennon Group PLC (LON:PNN) to neutral (from underperform) and raised its price target to 1080p (from 750p). Story provided by...

Jefferies International today reaffirms its hold investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1140p (from 1090p). Story provided by StockMarketWire.com Broker...

FTSE clawed-back earlier losses, which were driven by news over the weekend that governments around the world continued to impose stricter lockdowns to curb the spread of Covid-19, prompting...

UK stocks lost more ground on Monday as governments around the world continued to impose stricter lockdowns to curb the spread of Covid-19, prompting low-cost carrier EasyJet to ground its entire...

Water utility Pennon said it expected to report a fall in annual revenue that was nevertheless in line with its expectations. In a trading update for the year through March, the company said...

Goldman Sachs today downgrades its investment rating on Pennon Group PLC (LON:PNN) to neutral (from buy) and cut its price target to 1182p (from 1185p). Story provided by StockMarketWire.com...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1200p (from 1050p). Story provided by StockMarketWire.com Broker Forecasts...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 1050p (from 1170p). Story provided by StockMarketWire.com Broker Forecasts data...

Goldman Sachs today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1185p (from 1119p). Story provided by StockMarketWire.com Broker Forecasts...

JP Morgan Cazenove today reaffirms its neutral investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1125p (from 760p). Story provided by StockMarketWire.com Broker...

UK markets endured a mixed close to the trading week with the FTSE 100 failing to hold on to mid-Friday gains. An unwelcome warning of downward pressure on Royal Bank of Scotland's income and...

Water utility Pennon said it had accepted a UK regulatory ruling for its South West Water unit that included a total expenses allowance of around £2bn. The original determination was published in...

Jefferies International today reaffirms its hold investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1090p (from 740p). Story provided by StockMarketWire.com Broker...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1170p (from 1080p). Story provided by StockMarketWire.com Broker Forecasts...

RBC Capital Markets today reaffirms its outperform investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1200p (from 875p). Story provided by StockMarketWire.com Broker...

UK markets ended the Monday session on the front foot despite emerging recession fears as investors responded positively to several corporate events and welcomed progress on a possible US-China...

UK stocks kept hold of most of the gains made earlier in the Monday session at midday as investors responded positively to several corporate events and welcomed progress on a possible US-China...

UK stocks opened higher on Monday, spurred by progress on a US-China trade deal and reports of takeover interest in water utility Pennon's waste management unit. At 0847, the benchmark FTSE 100...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1080p (from 1020p). Story provided by StockMarketWire.com Broker Forecasts...

Investec today downgrades its investment rating on Pennon Group PLC (LON:PNN) to hold (from buy) and raised its price target to 1000p (from 890p). Story provided by StockMarketWire.com Broker...

UK stocks continued their momentum throughout Monday to record the sharpest increase since the aftermath to the EU referendum vote. Buoyed by a 'Boris bounce' thanks to the lifting of political...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 1020p (from 880p). Story provided by StockMarketWire.com Broker Forecasts data...

A 'shock' slowdown in UK output was not enough to dampen momentum in blue chip stocks on Monday. Activity among UK businesses declined at the fastest pace in 41 months, according to the latest PMI...

Water utility Pennon said it was reviewing a final determination for its South West Water unit in respect of the regulatory period between 2020 and 2025. The key elements for South West Water's...

Exane BNP Paribas today downgrades its investment rating on Pennon Group PLC (LON:PNN) to underperform (from outperform) and cut its price target to 750p (from 800p). Story provided by...

Goldman Sachs today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 974p (from 934p). Story provided by StockMarketWire.com Broker Forecasts data...

HSBC today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 980p (from 950p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Citigroup today downgrades its investment rating on Pennon Group PLC (LON:PNN) to neutral (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

UK stocks tracked sideways at the open on Tuesday after the US and China showed further signs of progressing towards a 'phase one' trade deal, though catering group Compass slipped on a...

Water utility Pennon booked a 22% rise in first-half profit after a focus on cost savings helped offset lower demand for water during a cooler summer. Pre-tax profit for the six months through...

HSBC today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 950p (from 890p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Barclays Capital today upgrades its investment rating on Pennon Group PLC (LON:PNN) to overweight (from equal weight) and raised its price target to 1000p (from 825p). Story provided by...

Deutsche Bank today upgrades its investment rating on Pennon Group PLC (LON:PNN) to buy (from hold) and raised its price target to 880p (from 780p). Story provided by StockMarketWire.com Broker...

RBC Capital Markets today upgrades its investment rating on Pennon Group PLC (LON:PNN) to outperform (from sector performer). Story provided by StockMarketWire.com Broker Forecasts data provided...

UK stocks closed Friday and the week firmly on the front foot as lingering fears of a no-deal Brexit kept the pound under pressure, assisting exporters. The pound slumped by 0.14% against the...

UK stocks continue their strong start on Friday as lingering fears of a no-deal Brexit kept the pound under pressure, assisting exporters. The pound slumped by around half a US cent after Bank of...

UK stocks got off to a strong start on Friday as lingering fears of a no-deal Brexit kept the pound under pressure, assisting exporters. The pound slumped by around half a US cent after Bank of...

Water and waste management group Pennon said it would conduct a strategic review of is focus, growth options and capital allocation policy. The company said the decision to conduct the review came...

Jefferies International today reaffirms its hold investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 740p (from 770p). Story provided by StockMarketWire.com Broker...

Christopher Loughlin, Executive Director, has re-invested 16,764 shares in the company on the 4th September 2019 at a price of 772.61p. The Director now holds 373,160 shares. Story provided by...

Susan Davy , Financial Director, has re-invested 123 shares in the company on the 4th September 2019 at a price of 772.61p. The Director now holds 66,910 shares. Story provided by...

Susan Davy , Financial Director, bought 17 shares in the company on the 19th August 2019 at a price of 720.40p. The Director now holds 66,787 shares. NOTE: SIP Purchase Story provided by...

Christopher Loughlin, Executive Director, bought 21 shares in the company on the 19th August 2019 at a price of 720.40p. The Director now holds 356,396 shares. NOTE: SIP Purchase Story provided...

Deutsche Bank today reaffirms its hold investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 780p (from 750p). Story provided by StockMarketWire.com Broker Forecasts data...

Macquarie today initiates coverage of Pennon Group PLC (LON:PNN) with a outperform investment rating and price target of 870p. Story provided by StockMarketWire.com Broker Forecasts data provided...

UK stocks are rebounding from the prior-session sell-off on Thursday, although trading sentiment remains cautious amid ongoing US-China trade tensions. At 08:58, the benchmark FTSE 100 was 0.23%,...

British water utility Pennon Group reported a "robust" performance in its 2018/19 financial year, with underlying earnings increases supported by Ebitda growth at its Viridor waste recycling...

HSBC today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 850p (from 840p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Deutsche Bank today reaffirms its hold investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 780p (from 790p). Story provided by StockMarketWire.com Broker Forecasts data...

Susan Davy , Financial Director, bought 18 shares in the company on the 23rd April 2019 at a price of 728.40p. The Director now holds 66,719 shares. NOTE: SIP Purchase Story provided by...

Christopher Loughlin, Executive Director, bought 21 shares in the company on the 23rd April 2019 at a price of 728.40p. The Director now holds 356,314 shares. NOTE: SIP Purchase Story provided by...

JP Morgan Cazenove today downgrades its investment rating on Pennon Group PLC (LON:PNN) to neutral (from overweight) and cut its price target to 780p (from 800p). Story provided by...

Barclays Capital today reaffirms its equal weight investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 830p (from 820p). Story provided by StockMarketWire.com Broker...

Water utility Pennon Group said it expected British regulators to release a draft determination on a five-year business plan on 11 April. A final determination for the 2020-to-2025 plan was then...

RBC Capital Markets today reaffirms its sector performer investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 825p (from 800p). Story provided by StockMarketWire.com...

Goldman Sachs today reaffirms its neutral investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 797p (from 761p). Story provided by StockMarketWire.com Broker Forecasts...

Barclays Capital today initiates coverage of Pennon Group PLC (LON:PNN) with a equal weight investment rating and price target of 820p. Story provided by StockMarketWire.com Broker Forecasts data...

HSBC today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 830p (from 850p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

Christopher Loughlin, Executive Director, bought 21 shares in the company on the 19th December 2018 at a price of 695.60p. The Director now holds 348,689 shares. NOTE: SIPP Purchase Story...

Susan Davy , Financial Director, bought 18 shares in the company on the 19th December 2018 at a price of 695.60p. The Director now holds 66,598 shares. NOTE: SIPP Purchase Story provided by...

JP Morgan Cazenove today reaffirms its overweight investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 800p (from 830p). Story provided by StockMarketWire.com Broker...

Deutsche Bank today downgrades its investment rating on Pennon Group PLC (LON:PNN) to hold (from buy) and raised its price target to 790p (from 780p). Story provided by StockMarketWire.com...

The FTSE 100 was down by a handful of points on Tuesday as traders fret over a possible resolution of the current trade tensions between China and the US ahead of a planned meeting between the two...

UK stocks opened lower on Tuesday after Donald Trump said the US was likely to hike tariffs on $200bn of Chinese goods and travel company Thomas Cook plunged on yet another profit warning. At...

Water utility Pennon Group posted a 2.9% rise in first-half profit after it experienced increased customer demand over Britain's warmer-than-usual summer. Pre-tax profit for the six months through...

RBC Capital Markets today downgrades its investment rating on Pennon Group PLC (LON:PNN) to sector performer (from outperform) and cut its price target to 800p (from 925p). Story provided by...

Water utility Pennon Group said its subsidiary Viridor Waste Management had upped its stake in a UK waste-to-power plant for £54.5m. Viridor had exercised its pre-emption rights to buy an extra...

Susan Davy , Financial Director, exercised 2,635 shares in the company on the 5th October 2018 at a price of 683.00p. The Director now holds 66,563 shares. Story provided by StockMarketWire.com...

Christopher Loughlin, Executive Director, exercised 2,788 shares in the company on the 24th October 2018 at a price of 538.00p. The Director now holds 348,647 shares. Story provided by...

Deutsche Bank today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 780p (from 850p). Story provided by StockMarketWire.com Broker Forecasts data...

Water utility Pennon Group said it was on track to meet its expectations for the full year and expected a final regulatory decision on pricing by the end of next year. The company's South West...

Goldman Sachs today reaffirms its neutral investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 775p (from 749p). Story provided by StockMarketWire.com Broker Forecasts...

UBS today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 800p (from 820p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

Christopher Loughlin, Executive Director, has re-invested 13,692 shares in the company on the 4th September 2018 at a price of 760.54p. The Director now holds 345,817 shares. Story provided by...

Christopher Loughlin, Executive Director, has re-invested 13,692 shares in the company on the 4th September 2018 at a price of 760.54p. The Director now holds 345,817 shares. Story provided by...

Water utility Pennon Group said it would cut customer bills by up to 11% in real terms in the new regulatory period between 2020 and 2025. Bills at South West Water would fall by 11%, while bills...

HSBC today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and cut its price target to 860p (from 890p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

UBS today reaffirms its buy investment rating on Pennon Group PLC (LON:PNN) and raised its price target to 820p (from 752p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Sterling weakness helped the FTSE 100 to close higher ahead of the Bank Holiday weekend. By the end of trading on Friday the index was up 0.18% at 7,730.28. The second estimate of UK GDP for the...

Water utility and waste management group Pennon said annual profit rose by a quarter, owing to regulatory tariff increases, higher customer demand and cost savings. Pre-tax profit rose 25% to...