Kepler Capital Markets Downgrades United Utilities Group (OTCMKTS:UUGRY) to Hold

United Utilities Group (OTCMKTS:UUGRY) was downgraded by equities research analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Citigroup reissued a “buy” rating on shares of United Utilities Group in a research note on Monday, November 3rd. Zacks Research lowered shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

United Utilities Group Trading Up 0.0%

Shares of UUGRY opened at $37.32 on Wednesday. The company has a debt-to-equity ratio of 5.50, a quick ratio of 2.21 and a current ratio of 2.22. United Utilities Group has a 1 year low of $24.10 and a 1 year high of $37.36. The stock’s 50-day moving average price is $33.91 and its two-hundred day moving average price is $32.23.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.