United Utilities Group PLC (LON:UU) dropped 1.6% on Tuesday . The company traded as low as GBX 904 ($11.68) and last traded at GBX 904.50 ($11.68). Approximately 1,339,174 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 1,786,560 shares. The stock had previously closed at GBX 919 ($11.87).

Several equities research analysts have recently commented on UU shares. Credit Suisse Group lowered United Utilities Group PLC to an “underperform” rating and decreased their price target for the stock from GBX 1,000 ($12.91) to GBX 850 ($10.98) in a research note on Friday, June 30th. Deutsche Bank AG reissued a “hold” rating and set a GBX 1,050 ($13.56) price target on shares of United Utilities Group PLC in a research note on Monday, June 12th. Barclays PLC boosted their price target on United Utilities Group PLC from GBX 960 ($12.40) to GBX 1,010 ($13.04) and gave the stock an “equal weight” rating in a research note on Monday, June 12th. Macquarie decreased their price target on United Utilities Group PLC from GBX 1,040 ($13.43) to GBX 963 ($12.44) and set a “neutral” rating on the stock in a research note on Thursday, August 31st. Finally, Royal Bank Of Canada raised United Utilities Group PLC to an “outperform” rating and boosted their price target for the stock from GBX 1,025 ($13.24) to GBX 1,050 ($13.56) in a research note on Monday, July 31st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 965.73 ($12.47).

The stock has a 50-day moving average of GBX 908.93 and a 200 day moving average of GBX 955.56. The company’s market capitalization is GBX 6.14 billion.

In related news, insider Steven Fraser sold 6,917 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of GBX 899 ($11.61), for a total transaction of £62,183.83 ($80,309.74). Also, insider Steven L. Mogford sold 44,011 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of GBX 884 ($11.42), for a total transaction of £389,057.24 ($502,463.18).

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About United Utilities Group PLC

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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