United Utilities Group (LON:UU) Upgraded at Royal Bank Of Canada

United Utilities Group (LON:UU) was upgraded by equities researchers at Royal Bank Of Canada to a “sector perform” rating in a report issued on Tuesday,London Stock Exchange reports. The firm currently has a GBX 1,550 price objective on the stock, up from their previous price objective of GBX 1,450. Royal Bank Of Canada’s price objective would suggest a potential upside of 9.42% from the company’s previous close.

A number of other research analysts also recently commented on UU. Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,320 price objective on shares of United Utilities Group in a research report on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective 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. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 1,409.50.

United Utilities Group Price Performance

Shares of UU opened at GBX 1,416.50 on Tuesday. The company has a 50 day moving average price of GBX 1,341.12 and a 200-day moving average price of GBX 1,261.93. The company has a market cap of £9.70 billion, a P/E ratio of 76.46, a PEG ratio of 0.69 and a beta of 0.56. The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65.

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

Insider Activity

In related news, insider Marina Wyatt bought 2,400 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was bought at an average price of GBX 1,269 per share, for a total transaction of £30,456. In the last ninety days, insiders have bought 2,426 shares of company stock worth $3,079,348. Company insiders own 0.05% of the company’s stock.

United Utilities Group Company Profile

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.