United Utilities Group PLC (UUGRY) Receives Average Recommendation of “Hold” from Brokerages

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) have earned an average recommendation of “Hold” from the nine research firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company.

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada raised shares of United Utilities Group PLC from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 31st. Credit Suisse Group cut shares of United Utilities Group PLC from an “outperform” rating to an “underperform” rating in a research note on Friday, June 30th. Finally, Investec cut shares of United Utilities Group PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th.

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Shares of United Utilities Group PLC (OTCMKTS UUGRY) traded down 1.30% during mid-day trading on Friday, hitting $24.28. 4,127 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $23.44 and a 200-day moving average price of $24.78. The stock has a market cap of $8.28 billion, a P/E ratio of 14.47 and a beta of 0.73. United Utilities Group PLC has a 1-year low of $21.26 and a 1-year high of $27.88.

The company also recently announced a None dividend, which will be paid on Friday, August 11th. Stockholders of record on Friday, June 23rd will be given a $0.657 dividend. The ex-dividend date is Wednesday, June 21st.

About United Utilities Group PLC

United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.

Analyst Recommendations for United Utilities Group PLC (OTCMKTS:UUGRY)

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