United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $35.75 and traded as high as $38.3055. United Utilities Group shares last traded at $38.30, with a volume of 7,984 shares changing hands.
Analysts Set New Price Targets
Several brokerages recently weighed in on UUGRY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of United Utilities Group in a research report on Monday, June 8th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of United Utilities Group in a research report on Tuesday, May 5th. BNP Paribas Exane assumed coverage on shares of United Utilities Group in a research note on Monday, June 29th. They issued an “outperform” rating for the company. Finally, Citigroup downgraded shares of United Utilities Group from a “buy” rating to a “neutral” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, United Utilities Group currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on UUGRY
United Utilities Group Trading Up 1.0%
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.
Further Reading
- Five stocks we like better than United Utilities Group
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for United Utilities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Utilities Group and related companies with MarketBeat.com's FREE daily email newsletter.
