United Utilities Group PLC (OTCMKTS:UUGRY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently commented on UUGRY shares. BNP Paribas Exane began coverage on shares of United Utilities Group in a report on Monday, June 29th. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, June 8th. Citigroup lowered shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of United Utilities Group in a research note on Tuesday, May 5th.

United Utilities Group Stock Down 0.2%

Shares of UUGRY stock opened at $36.27 on Tuesday. United Utilities Group has a 1-year low of $29.20 and a 1-year high of $40.43. The stock has a 50 day simple moving average of $35.62 and a 200-day simple moving average of $35.56.

United Utilities Group Company Profile

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.