Pennon Group (OTCMKTS:PEGRF) was downgraded by stock analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a note issued to investors on Tuesday, The Fly reports.

Shares of PEGRF opened at $9.57 on Tuesday. Pennon Group has a 52-week low of $8.61 and a 52-week high of $10.40.

About Pennon Group

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.

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The Fly

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