United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.
A number of equities analysts have weighed in on the stock. Citigroup cut shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of United Utilities Group in a research note on Monday, June 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of United Utilities Group in a report on Tuesday, May 5th. Finally, BNP Paribas Exane began coverage on United Utilities Group in a research note on Monday, June 29th. They set an “outperform” rating for the company.
Check Out Our Latest Stock Report on UUGRY
United Utilities Group Stock Down 0.7%
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.
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