Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $12.96, but opened at $12.41. Pennon Group shares last traded at $12.41, with a volume of 197 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of Pennon Group to a “hold” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on PEGRY
Pennon Group Stock Up 0.5%
About Pennon Group
Pennon Group (OTCMKTS:PEGRY) is a UK‐based utilities and environmental services company that operates through two main businesses: South West Water and Viridor. The group provides water supply, wastewater treatment and collection services to residential, commercial and industrial customers in the South West of England. Its water division serves regional communities with drinking water production, network maintenance and sewage treatment, while ensuring compliance with regulatory standards for water quality and environmental protection.
South West Water, Pennon’s core water operations arm, manages water resources and distribution infrastructure across Cornwall, Devon and parts of Dorset and Somerset.
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