Pennon Group (OTCMKTS:PEGRY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Pennon Group (OTCMKTS:PEGRYFree Report) to a hold rating in a research report sent to investors on Thursday morning,Zacks.com reports.

Pennon Group Price Performance

Pennon Group stock opened at $14.24 on Thursday. Pennon Group has a one year low of $11.80 and a one year high of $16.35. The company’s fifty day moving average price is $14.28 and its two-hundred day moving average price is $14.40.

Pennon Group Company Profile

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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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