Group Plc. shares (PNN:LN) (OTC: PEGRF) from Overweight to Neutral, adjusting the price target to GBP4.75 from the previous ...

Pennon Group Plc is looking to raise about £490 million ($610 million) in a rights offering as the UK water utility aims to ...

Pennon said the funding will ensure it has a 'sustainable balance sheet' during the K8 regulatory period, which runs from ...

Deutsche Bank upgraded Pennon on Friday to ‘hold’ from ‘sell’ and lifted the price target to 570p from 490p following the ...

Pennon Group, which owns the UK's South West Water utility, announced on Wednesday it would seek to raise about £490m in a fully underwritten 13 for 20 rights issue, to finance investment in its next ...

Pennon Group has unveiled plans for a major rights issue to help finance £3.2billion of water infrastructure investment over the coming five years. The FTSE 250 firm, which owns Bristol Water and ...

Pennon Group is launching a rights issue at a discount to support increased investment after accepting regulator Ofwat's final review.

Jefferies analyst Ahmed Farman maintained a Buy rating on Pennon Group plc (PNN – Research Report) today and set a price target of p600.00. The ...

(Alliance News) - Pennon Group PLC on Wednesday said it has accepted Ofwat's final determination for South West Water and Sutton & East Surrey water units, launching a nearly GBP500 million equity ...