Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for United Utilities Group (LON:UU) Stock

United Utilities Group (LON:UU) had its price objective raised by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,450 to GBX 1,550 in a research note issued to investors on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 9.42% from the stock’s previous close.

Several other research firms also recently commented on UU. Royal Bank Of Canada upgraded shares of United Utilities Group to a “sector perform” rating and boosted their price target for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,320 price target on shares of United Utilities Group in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their target price on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 1,429.57.

United Utilities Group Stock Down 2.8%

LON:UU opened at GBX 1,416.50 on Tuesday. The stock has a 50 day simple moving average of GBX 1,341.12 and a two-hundred day simple moving average of GBX 1,261.93. The firm has a market capitalization of £9.70 billion, a P/E ratio of 76.46, a price-to-earnings-growth 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 posted its quarterly earnings results on Thursday, April 30th. The company reported GBX 107.10 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%. On average, analysts expect that United Utilities Group will post 50.9730539 EPS for the current year.

Insider Buying and Selling

In other United Utilities Group news, insider Marina Wyatt bought 2,400 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average price of GBX 1,269 per share, with a total value of £30,456. Insiders acquired a total of 2,426 shares of company stock valued at $3,079,348 over the last 90 days. Corporate 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.