United Utilities Group (LON:UU) Price Target Raised to GBX 1,327

United Utilities Group (LON:UU) had its price objective raised by Citigroup from GBX 1,261 to GBX 1,327 in a research note published on Monday, MarketBeat.com reports. Citigroup currently has a buy rating on the stock.

Separately, Barclays raised United Utilities Group to an “overweight” rating and upped their price target for the stock from GBX 1,280 to GBX 1,535 in a research note on Wednesday, August 20th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, United Utilities Group has a consensus rating of “Buy” and a consensus target price of GBX 1,431.

United Utilities Group Stock Performance

UU stock opened at GBX 1,218.50 on Monday. The stock’s fifty day moving average price is GBX 1,158.45 and its 200 day moving average price is GBX 1,141.12. The company has a debt-to-equity ratio of 551.89, a current ratio of 1.79 and a quick ratio of 1.13. The stock has a market cap of £8.35 billion, a P/E ratio of 65.77, a price-to-earnings-growth ratio of 0.69 and a beta of 0.41.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes.