United Utilities Group (LON:UU) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

United Utilities Group PLC (LON:UU) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,321.32 and traded as high as GBX 1,369. United Utilities Group shares last traded at GBX 1,368, with a volume of 734,044 shares traded.

Analysts Set New Price Targets

UU has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research report on Monday, April 13th. Royal Bank Of Canada raised United Utilities Group to a “sector perform” rating and increased their price objective for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. Citigroup dropped their target price on United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,320 target price on shares of United Utilities Group in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,431.43.

United Utilities Group Price Performance

The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The business’s 50-day moving average is GBX 1,331.34 and its two-hundred day moving average is GBX 1,322.35. The company has a market capitalization of £9.49 billion, a P/E ratio of 74.76, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58.

United Utilities Group (LON:UU) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 107.10 earnings per share (EPS) for the quarter. The business had revenue of GBX 261.63 billion during the quarter. United Utilities Group had a net margin of 22.43% and a return on equity of 27.72%. As a group, analysts predict that United Utilities Group PLC will post 50.9730539 earnings per share for the current year.

Insider Activity

In other news, insider Phil Aspin sold 24,566 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total value of £320,831.96. Insiders purchased 38 shares of company stock valued at $51,768 over the last three months. Corporate insiders own 0.05% of the company’s stock.

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.