|Bid||1,105.00 x 0|
|Ask||1,080.00 x 0|
|Day's Range||1,097.00 - 1,109.00|
|52 Week Range||693.40 - 1,136.43|
|Beta (5Y Monthly)||0.22|
|PE Ratio (TTM)||19.97|
|Earnings Date||Nov 26, 2019|
|Forward Dividend & Yield||0.42 (3.80%)|
|Ex-Dividend Date||Jan 23, 2020|
|1y Target Est||764.70|
EUROPE MARKETS European stocks edged higher on Monday as traders took a cautious view ahead of earnings season. The Stoxx Europe 600 (XX:SXXP) added 0.16% to 419.81, which is slightly above the record close of 419.
Pennon, the FTSE 250 water and waste group, reportedly hopes to sell the latter part of its business, Viridor, for around £4bn. Viridor burns waste and puts out energy. Pennon predicts long-term demand for “energy recovery facilities” (ERFs) will exceed UK capacity by about seven million tonnes a year to 2035.
In 2016 Chris Loughlin was appointed CEO of Pennon Group Plc (LON:PNN). This report will, first, examine the CEO...
Moody's Investors Service (Moody's) has today placed on review for downgrade the Baa2 senior unsecured debt ratings of South Staffordshire Water Plc (South Staffs Water). The rating action follows publication by the Water Services Regulation Authority (Ofwat), the economic regulator for water companies in England and Wales, of its final determination for the forthcoming regulatory period. The determination includes a significant cut in allowed returns which, in conjunction with challenging performance targets and gaps between allowed and requested expenditure, will weigh on South Staffs Water's credit quality.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Today we'll evaluate Pennon Group Plc (LON:PNN) to determine whether it could have potential as an investment idea. To...
Passive investing in index funds can generate returns that roughly match the overall market. But you can significantly...
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
Assessing Pennon Group Plc's (LON:PNN) past track record of performance is an insightful exercise for investors. It...
As Pennon Group Plc (LON:PNN) announced its earnings release on 31 March 2019, analyst forecasts seem fairly subdued...
British utility stocks are trading at a growing discount to euro zone peers as investors fear the country's deepening political crisis could trigger a general election that ushers in renationalisation of the industry, worth $76 billion (£59.9 billion). The opposition Labour Party has said it wants to nationalise energy and water infrastructure if it can oust Prime Minister Theresa May's Conservatives from power, reversing decades of pro-privatisation policies. Simon Webber, lead portfolio manager on the global and international equities team at Schroders said those fears were "another overhang" for utilities, already subject to a discount like other UK assets because of Brexit uncertainty.
Britain's opposition Labour Party wants to nationalise energy and water infrastructure if it can oust Prime Minister Theresa May's ruling Conservatives from power, reversing decades of pro-privatisation public policy. Despite a national election not being due until 2022, the prospect of nationalisation is worrying investors. Analysts have valued the regulated asset values of water and energy networks potentially facing nationalisation at around 125 billion pounds.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Chris Loughlin has been the CEO of Pennon Group Plc (LON:PNN) since 2016. This analysis ai...
Shares in FTSE 100-listed Severn Trent and United Utilities lost 1.3 percent and 1.1 percent respectively after the announcements, while those in South West Water-owner Pennon Group fell around 1 percent. In a statement published on Thursday, Ofwat said Severn Trent would cut annual bills by an average of 4.7 percent or 16 pounds over the five year period. United Utilities will deliver a larger 11 percent, or 49 pound cut, while South West will reduce bills by 15 percent or 77 pounds.