United Utilities Group PLC (LON:UU) Receives GBX 1,435.71 Average Price Target from Brokerages

Shares of United Utilities Group PLC (LON:UU) have been assigned a consensus rating of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 1,419.17.

A number of research analysts recently weighed in on the stock. Citigroup dropped their price target on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Jefferies Financial Group increased their price objective on shares of United Utilities Group from GBX 1,320 to GBX 1,350 and gave the company a “hold” rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and boosted their target price for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th.

United Utilities Group Price Performance

UU opened at GBX 1,415 on Thursday. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The stock has a market cap of £9.69 billion, a P/E ratio of 76.38, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The business’s 50-day moving average price is GBX 1,354.80 and its two-hundred day moving average price is GBX 1,343.49.

Insider Buying and Selling

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total value of £320,831.96. Company 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.