Analysts Set United Utilities Group PLC (UU) Target Price at $992.75
United Utilities Group PLC (LON:UU) has earned a consensus rating of “Hold” from the eighteen ratings firms that are covering the firm. Four analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 992.75 ($12.29).
Several equities analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,120 ($13.86) target price on shares of United Utilities Group PLC in a research note on Wednesday, September 7th. Deutsche Bank AG lifted their price target on United Utilities Group PLC from GBX 1,000 ($12.38) to GBX 1,150 ($14.23) and gave the company a “buy” rating in a report on Tuesday, September 13th. HSBC reiterated a “hold” rating and set a GBX 1,060 ($13.12) price target on shares of United Utilities Group PLC in a report on Tuesday, July 5th. Jefferies Group lifted their price target on United Utilities Group PLC from GBX 890 ($11.01) to GBX 940 ($11.63) and gave the company a “hold” rating in a report on Thursday, September 22nd. Finally, Credit Suisse Group AG lowered United Utilities Group PLC to a “neutral” rating and lifted their price target for the company from GBX 970 ($12.00) to GBX 990 ($12.25) in a report on Thursday, July 21st.
In other news, insider Goligher,Alison purchased 3,000 shares of the business’s stock in a transaction dated Thursday, August 4th. The shares were acquired at an average price of GBX 995 ($12.31) per share, with a total value of £29,850 ($36,943.07). Also, insider Houlden,Russ purchased 37 shares of the business’s stock in a transaction dated Monday, September 12th. The shares were purchased at an average cost of GBX 975 ($12.07) per share, for a total transaction of £360.75 ($446.47).
Shares of United Utilities Group PLC (LON:UU) opened at 948.06 on Friday. The firm’s market cap is GBX 6.46 billion. The stock’s 50 day moving average is GBX 975.31 and its 200-day moving average is GBX 971.12. United Utilities Group PLC has a 52-week low of GBX 884.00 and a 52-week high of GBX 1,065.55.
About United Utilities Group PLC
United Utilities Group PLC provides water and sewage services. The Company through its subsidiary, United Utilities Water Limited, manages the regulated water and wastewater network in the North West of England, providing services to approximately seven million people and businesses. The Company manages around 120,000 kilometers of water pipes and sewers.
Receive News & Stock Ratings for United Utilities Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Utilities Group PLC and related stocks with our FREE daily email newsletter.