Risk factor
Low price volatility
Profitability factor
Low dividends
About
Pennon Group Plc is a UK-based utility company focused on delivering vital clean water and wastewater management services. The firm supplies integrated water and wastewater solutions to residents in Cornwall, Devon, and particular sections of Dorset and Somerset. Additionally, it offers water-only supply in the regions of Dorset, Hampshire, and Wiltshire. Pennon Group also extends its water and wastewater retail services to commercial and non-domestic clients across Great Britain. Moreover, the company provides regulated water to an estimated 1.2 million consumers located in the Bristol area. Cumulatively, it serves approximately 50 million domestic and business customers. Established in 1989, Pennon Group Plc is headquartered in Exeter, United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of PNN.L is 599 and suggests 65.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr