Pennon Group (PNN) Stock Forecast & Price Target

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GBX 630.50

-6.50 (-1.02%)

(As of 04/17/2024 09:20 PM ET)

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Pennon Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 5 Analyst Ratings

Analysts' Consensus Price Target

GBX 950

High Forecast	GBX 1,200
Average Forecast	GBX 950
Low Forecast	GBX 780

Type	Current Forecast 4/19/23 to 4/18/24	1 Month Ago 3/20/23 to 3/19/24	3 Months Ago 1/19/23 to 1/19/24	1 Year Ago 4/19/22 to 4/19/23
Consensus Rating	Moderate Buy	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 950	GBX 964	GBX 965.83	GBX 1,072.14

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PNN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PNN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Pennon Group Stock vs. The Competition

Type	Pennon Group	Utilities Companies
Consensus Rating Score	2.60	2.44
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/11/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 830	+28.78%
11/30/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 1,090	+54.17%
7/6/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	GBX 940 ➝ GBX 850	+23.10%
6/2/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	GBX 840 ➝ GBX 780	+1.69%
5/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 1,200	+51.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:22 AM ET.

PNN Price Target - Frequently Asked Questions

What is Pennon Group's consensus rating and price target?: According to the issued ratings of 5 analysts in the last year, the consensus rating for Pennon Group stock is Moderate Buy based on the current 2 hold ratings and 3 buy ratings for PNN. The average twelve-month price prediction for Pennon Group is GBX 950 with a high price target of GBX 1,200 and a low price target of GBX 780. Learn more on PNN's analyst rating history.
Do Wall Street analysts like Pennon Group more than its competitors?: Analysts like Pennon Group more than other Utilities companies. The consensus rating for Pennon Group is Moderate Buy while the average consensus rating for utilities companies is Hold. Learn more on how PNN compares to other companies.
Does Pennon Group's stock price have much upside?: According to analysts, Pennon Group's stock has a predicted upside of 31.93% based on their 12-month stock forecasts.

What analysts cover Pennon Group?: Pennon Group has been rated by Jefferies Financial Group in the past 90 days.

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This page (LON:PNN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Pennon Group (PNN) Stock Forecast & Price Target

Pennon Group Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

PNN Analyst Ratings By Month

PNN Price Targets by Month

Pennon Group Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

PNN Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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