United Utilities Group (LON:UU) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

United Utilities Group PLC (LON:UU) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,344.61 and traded as high as GBX 1,422. United Utilities Group shares last traded at GBX 1,409, with a volume of 1,057,806 shares trading hands.

Analysts Set New Price Targets

Several brokerages have recently commented on UU. Deutsche Bank Aktiengesellschaft upped their price objective on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Citigroup cut their target price on 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. Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and upped their price target for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group lifted their price objective on 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. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, United Utilities Group presently has an average rating of “Hold” and an average target price of GBX 1,419.17.

United Utilities Group Trading Up 0.6%

The company’s 50 day simple moving average is GBX 1,359.06 and its 200 day simple moving average is GBX 1,345.11. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13. The firm has a market cap of £9.75 billion, a price-to-earnings ratio of 76.86, a P/E/G ratio of 0.69 and a beta of 0.58.

Insiders Place Their Bets

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total transaction of £320,831.96. 0.05% of the stock is currently owned by company insiders.

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.