United Utilities Group PLC (LON:UU) Receives GBX 1,419.17 Consensus Target Price from Analysts

Shares of United Utilities Group PLC (LON:UU) have been given an average rating of “Hold” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,419.17.

UU has been the subject of several recent analyst reports. Jefferies Financial Group lifted their price target on United Utilities Group from GBX 1,320 to GBX 1,350 and gave the company a “hold” rating in a report on Monday, August 3rd. Citigroup cut their price target on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th.

United Utilities Group Stock Performance

Shares of UU opened at GBX 1,324 on Monday. The firm has a market cap of £9.07 billion, a P/E ratio of 71.47, a PEG ratio of 0.69 and a beta of 0.58. The company has a fifty day simple moving average of GBX 1,383.68 and a two-hundred day simple moving average of GBX 1,353.86. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13.

Insiders Place Their Bets

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of GBX 1,306, for a total transaction of £320,831.96. 0.05% of the stock is currently owned by company insiders.

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.