UBS Group Reiterates Buy Rating for Pennon Group (LON:PNN)

Posted by Kim Johansen on Jun 5th, 2026

Pennon Group (LON:PNN – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at UBS Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 650 target price on the stock. UBS Group’s price target points to a potential upside of 25.30% from the stock’s current price.

Several other analysts also recently commented on the stock. Citigroup upped their price target on shares of Pennon Group from GBX 628 to GBX 636 and gave the company a “buy” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. upped their price target on shares of Pennon Group from GBX 565 to GBX 615 and gave the company a “neutral” rating in a research report on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Pennon Group currently has an average rating of “Moderate Buy” and an average target price of GBX 634.20.

Check Out Our Latest Analysis on Pennon Group

Pennon Group Trading Up 1.1%

Shares of Pennon Group stock opened at GBX 518.75 on Friday. The company has a fifty day simple moving average of GBX 530.20 and a 200-day simple moving average of GBX 539.10. Pennon Group has a 12-month low of GBX 439.40 and a 12-month high of GBX 605. The company has a current ratio of 1.62, a quick ratio of 1.54 and a debt-to-equity ratio of 357.72. The stock has a market cap of £2.45 billion, a price-to-earnings ratio of 108.07, a PEG ratio of 8.20 and a beta of 0.56.

About Pennon Group

(Get Free Report)

At the top end of the FTSE 250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive. Our 25-year rolling licence provides predictable index-linked growth and visibility over future revenues.

We provide clean and wastewater services through our businesses across the Great South West.