United Utilities Group PLC (LON:UU) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 917.89 ($12.68).
A number of research firms have recently weighed in on UU. Deutsche Bank restated a “hold” rating and set a GBX 930 ($12.85) target price on shares of United Utilities Group in a research report on Tuesday, November 7th. Barclays reiterated an “equal weight” rating on shares of United Utilities Group in a research note on Tuesday, November 14th. HSBC cut United Utilities Group to a “hold” rating and dropped their price target for the company from GBX 1,000 ($13.82) to GBX 900 ($12.43) in a research note on Friday, November 17th. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 850 ($11.74) price target on shares of United Utilities Group in a research note on Thursday, November 2nd. Finally, JPMorgan Chase & Co. dropped their price target on United Utilities Group from GBX 1,070 ($14.78) to GBX 1,000 ($13.82) and set an “overweight” rating for the company in a research note on Thursday, December 7th.
In related news, insider Paulette Rowe bought 3,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was acquired at an average cost of GBX 770 ($10.64) per share, with a total value of £23,100 ($31,914.89). Also, insider Simon Gardiner sold 4,843 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of GBX 810 ($11.19), for a total value of £39,228.30 ($54,197.71). Over the last ninety days, insiders have sold 226,743 shares of company stock valued at $181,743,930.
About United Utilities Group
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.
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