Pennon Group (OTCMKTS:PEGRY – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.
Pennon Group Trading Up 1.6%
Shares of Pennon Group stock opened at $14.24 on Thursday. The business has a 50-day moving average price of $14.28 and a two-hundred day moving average price of $14.40. Pennon Group has a 1-year low of $11.80 and a 1-year high of $16.35.
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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