United Utilities Group PLC (UU) Receives Average Rating of “Hold” from Analysts
United Utilities Group PLC (LON:UU) has earned an average rating of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 962 ($12.44).
A number of equities analysts have recently commented on UU shares. Credit Suisse Group cut United Utilities Group PLC to an “underperform” rating and dropped their target price for the stock from GBX 1,000 ($12.93) to GBX 850 ($10.99) in a report on Friday, June 30th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 1,000 ($12.93) target price on shares of United Utilities Group PLC in a report on Friday, May 5th. Royal Bank Of Canada lifted their target price on United Utilities Group PLC from GBX 1,000 ($12.93) to GBX 1,025 ($13.26) and gave the stock a “sector performer” rating in a report on Thursday, May 4th. Barclays PLC lifted their target price on United Utilities Group PLC from GBX 960 ($12.42) to GBX 1,010 ($13.06) and gave the stock an “equal weight” rating in a report on Monday, June 12th. Finally, Morgan Stanley dropped their target price on United Utilities Group PLC from GBX 890 ($11.51) to GBX 850 ($10.99) and set an “underweight” rating for the company in a report on Tuesday, July 18th.
In other United Utilities Group PLC news, insider Steven L. Mogford sold 44,011 shares of United Utilities Group PLC stock in a transaction on Friday, June 30th. The stock was sold at an average price of GBX 884 ($11.43), for a total transaction of £389,057.24 ($503,178.01). Also, insider Steven Fraser sold 6,917 shares of United Utilities Group PLC stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of GBX 899 ($11.63), for a total value of £62,183.83 ($80,423.99).
United Utilities Group PLC (LON UU) traded down 0.33% during midday trading on Tuesday, reaching GBX 910.00. 1,093,463 shares of the company traded hands. The firm’s market capitalization is GBX 6.21 billion. United Utilities Group PLC has a one year low of GBX 849.00 and a one year high of GBX 1,078.00. The firm has a 50-day moving average price of GBX 896.40 and a 200-day moving average price of GBX 958.87.
United Utilities Group PLC Company Profile
United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.
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