United Utilities Group PLC (LON:UU) has earned a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 857.67 ($11.21).
UU has been the subject of several recent analyst reports. Barclays raised their price objective on shares of United Utilities Group from GBX 910 ($11.89) to GBX 950 ($12.41) and gave the stock an “equal weight” rating in a research report on Friday, April 5th. Goldman Sachs Group raised their price objective on United Utilities Group from GBX 753 ($9.84) to GBX 787 ($10.28) and gave the company a “neutral” rating in a research note on Thursday, January 24th. JPMorgan Chase & Co. dropped their price objective on United Utilities Group from GBX 950 ($12.41) to GBX 920 ($12.02) and set an “overweight” rating on the stock in a research note on Tuesday, April 9th. Deutsche Bank lowered United Utilities Group to a “hold” rating and set a GBX 850 ($11.11) target price for the company. in a research report on Monday, March 25th. Finally, Credit Suisse Group raised their target price on United Utilities Group from GBX 800 ($10.45) to GBX 860 ($11.24) and gave the company an “outperform” rating in a research report on Tuesday.
In related news, insider Steven L. Mogford sold 31,294 shares of United Utilities Group stock in a transaction dated Monday, April 1st. The stock was sold at an average price of GBX 813 ($10.62), for a total value of £254,420.22 ($332,445.08).
Shares of UU stock traded down GBX 25.20 ($0.33) during trading hours on Thursday, hitting GBX 776.80 ($10.15). 1,082,444 shares of the company were exchanged, compared to its average volume of 2,840,000. The company has a market cap of $5.34 billion and a price-to-earnings ratio of 14.36. United Utilities Group has a fifty-two week low of GBX 674.40 ($8.81) and a fifty-two week high of GBX 879.60 ($11.49). The company has a quick ratio of 0.60, a current ratio of 0.79 and a debt-to-equity ratio of 260.07.
About United Utilities Group
United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of consulting and project management services. The company operates 42,000 kilometers (km) of water pipes; 77,000 km of wastewater pipes; 568 wastewater treatment works; and 88 water treatment works.
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