United Utilities Group PLC (OTCMKTS:UUGRY) Given Average Rating of “Moderate Buy” by Analysts

United Utilities Group PLC (OTCMKTS:UUGRY) has received an average recommendation of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

A number of research firms recently weighed in on UUGRY. Citigroup cut shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of United Utilities Group in a research note on Monday, June 8th. BNP Paribas Exane initiated coverage on United Utilities Group in a report on Monday. They set an “outperform” rating on the stock. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of United Utilities Group in a research note on Tuesday, May 5th.

United Utilities Group Stock Performance

Shares of UUGRY stock opened at $35.89 on Friday. United Utilities Group has a 52-week low of $29.20 and a 52-week high of $40.43. The firm has a fifty day moving average of $35.86 and a 200-day moving average of $35.05.

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.