Is Pentair plc (PNR) The Best UK Stock to Invest in Now? [Yahoo! Finance]
Pentair plc. Ordinary Share (PNR)
Last pentair plc. ordinary share earnings: 4/30 06:55 am
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US:NYSE Investor Relations:
pentair.com/en/investors/investor-presentations
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Source: Yahoo! Finance
The OBR (Office for Budget Responsibility) anticipates economic output in Britain to expand by 1.8% in 2026 and by 1.5% in 2027. In September 2024, KPMG reported that The Bank of England might take a more cautious approach when it comes to easing monetary policy as compared to the Fed and the ECB, with gradual cuts resulting in the UK base rate to 3.5% by 2025 end. Furthermore, the labour market will continue to loosen, with fewer vacancies, and subdued pay growth but a relatively modest rise in the unemployment rate. KPMG went on to add that business investment might see some recovery next year if geopolitical uncertainties ease and the impact of reduced rates and the improving growth outlook offer businesses the confidence to commit to their investment plans. As per the new EY ITEM Club Autumn Forecast, the UK economy should grow 0.9% in 2024, down from the 1.1% growth expected in July's Summer Forecast. The downgrade exhibits that household savings are now lower than expectati
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News
- Pentair plc (NYSE: PNR) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $115.00 price target on the stock.MarketBeat
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PNR
Earnings
- 10/22/24 - Beat
PNR
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 144
- 10/30/24 - Form 4
- PNR's page on the SEC website