Pennon trading in line as revenues offset increased costs
28th Sep 2021 09:16
(Sharecast News) - Pennon Group updated the market on its current trading on Tuesday, reporting that it was on track to deliver a "resilient" financial performance in line with management expectations.
Read moreMonday broker round-up
23rd Aug 2021 13:09
(Sharecast News) - Pearson: JP Morgan upgrades to overweight and raises target price from 840.0p to 960.0p.
Read moreWater companies to share cost of bad debt with business customers
26th Jul 2021 16:20
(Sharecast News) - The water regulator will permit water suppliers to raise prices for businesses and other non-household customers from next year, in a bid to offset the costs of higher amounts of bad debt amid the Covid-19 pandemic.
Read moreTuesday broker round-up
6th Jul 2021 13:14
(Sharecast News) - WM Morrison Supermarkets: Credit Suisse downgrades to neutral with a target price of 254p.
Read moreFriday broker round-up
4th Jun 2021 13:15
(Sharecast News) - Victrex: Numis upgrades to add with a target price of 2,800p.
Read morePennon declares special dividend, acquires Bristol Water for £425.0m
3rd Jun 2021 08:03
(Sharecast News) - Utility company Pennon Group said on Thursday that despite underlying pre-tax profits slipping in a "pivotal year", it would pay out a special dividend for the twelve months ended 31 March and that it had agreed to acquire Bristol Water for £425.0m.
Read moreWednesday broker round-up
19th May 2021 13:31
(Sharecast News) - Ferguson: Berenberg upgrades to hold with a target price of 8,400p.
Read morePennon on track to deliver 'resilient' FY results
30th Mar 2021 08:02
(Sharecast News) - Water group Pennon said on Tuesday that it was on track to deliver "resilient financial results" in line with management expectations.
Read moreMonday broker round-up
1st Mar 2021 13:43
(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.
Read morePennon rallies on Barclays upgrade
1st Mar 2021 11:26
(Sharecast News) - Pennon rallied on Monday after Barclays upgraded the stock to 'overweight' from 'equalweight' following a de-rating.
Read moreDr Martens treads close to FTSE 100 as reshuffle looms
17th Feb 2021 10:03
(Sharecast News) - Dr Martens could boot its way straight into the FTSE 100 after the footwear brand's shares surged following its successful flotation.
Read moreTuesday broker round-up
1st Dec 2020 13:38
(Sharecast News) - Diageo: Deutsche Bank upgrades to buy with a target price of 3,900p.
Read moreJP Morgan reiterates 'top pick' for United Utilities in UK water space
1st Dec 2020 11:40
(Sharecast News) - Analysts at JP Morgan stuck to United Utilities as their 'top pick' in the UK water space.
Read moreWednesday broker round-up
25th Nov 2020 13:38
(Sharecast News) - Codemasters Group: Berenberg downgrades to hold with a target price of 485p.
Read morePennon Group earnings fall in line with forecasts
24th Nov 2020 08:04
(Sharecast News) - Pennon Group reported half-year results in line with management expectations on Tuesday, as continuing group underlying profit before tax slipped to £86.7m, from £101.4m year-on-year.
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