Pennon Group (LON:PNN) Cut to Hold at Deutsche Bank Aktiengesellschaft

Posted by Brian Himes on Oct 15th, 2026

Deutsche Bank Aktiengesellschaft cut shares of Pennon Group (LON:PNN – Free Report) to a hold rating in a research note released on Monday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has GBX 380 price objective on the stock, down from their prior price objective of GBX 550.

Several other brokerages have also commented on PNN. Royal Bank Of Canada restated an “outperform” rating and set a GBX 575 target price on shares of Pennon Group in a research report on Tuesday, August 25th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 500 price target on shares of Pennon Group in a research note on Thursday, October 8th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,255.71.

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Pennon Group Stock Up 0.6%

Pennon Group stock opened at GBX 323 on Monday. The stock’s 50 day moving average price is GBX 445.28 and its 200 day moving average price is GBX 483.48. The company has a market cap of £1.52 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 8.20 and a beta of 0.57. The company has a debt-to-equity ratio of 347.81, a current ratio of 1.51 and a quick ratio of 1.53. Pennon Group has a 1-year low of GBX 311.20 and a 1-year high of GBX 605.

Insider Transactions at Pennon Group

In other Pennon Group news, insider Laura Flowerdew sold 1,119 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of GBX 493, for a total value of £5,516.67. Insiders have bought 96 shares of company stock valued at $44,883 over the last three months. Company insiders own 0.32% of the company’s stock.

About Pennon Group

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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.