United Utilities Group (LON:UU) Stock Passes Above 200 Day Moving Average – Should You Sell?

United Utilities Group PLC (LON:UU)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,295.94 and traded as high as GBX 1,300. United Utilities Group shares last traded at GBX 1,297, with a volume of 1,711,840 shares traded.

Analyst Ratings Changes

A number of brokerages recently commented on UU. Deutsche Bank Aktiengesellschaft increased their price target on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Citigroup reduced their price objective on 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. JPMorgan Chase & Co. upped their price objective on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a report on Monday, April 13th. Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and increased their target price for the company from GBX 1,450 to GBX 1,550 in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,320 target price on shares of United Utilities Group in a report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 1,431.43.

United Utilities Group Price Performance

The firm’s 50-day moving average price is GBX 1,338.85 and its 200-day moving average price is GBX 1,296.40. The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65. The stock has a market capitalization of £9.08 billion, a PE ratio of 71.52, a PEG ratio of 0.69 and a beta of 0.58.

United Utilities Group (LON:UU) last announced its quarterly earnings results on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. The firm 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, equities analysts forecast that United Utilities Group PLC will post 50.9730539 EPS for the current fiscal year.

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.