United Utilities Group PLC (LON:UU) receives an average rating of “Hold” by brokerage firms


United Utilities Group PLC (LON:UU – Get Rating) has been given a consensus rating of “Hold” by the six brokerages that currently cover the company, MarketBeat Ratings reports. One equity research analyst rated the stock with a sell rating, three issued a hold rating and two assigned the company a buy rating. The 12-month average price target among analysts who have updated their coverage of the stock over the past year is 1,101.25 GBX ($13.31).

Several research analysts recently commented on the title. Deutsche Bank Aktiengesellschaft cut its price target on United Utilities Group shares from 1,080 GBX ($13.05) to 1,000 GBX ($12.08) and set a “hold” rating for the company in a report of Wednesday 12 October. Royal Bank of Canada cut its price target on United Utilities Group shares from 1,100 GBX ($13.29) to 1,025 GBX ($12.39) and set an “industry performance” rating on the action in a research note on Tuesday, October 4. Barclays cut its price target on United Utilities Group shares from 1,220 GBX ($14.74) to 1,150 GBX ($13.90) and set an ‘overweight’ rating on the stock in a report research on Monday July 4th. Finally, Jefferies Financial Group restated a “neutral” rating and issued a price target of 1,230 GBX ($14.86) on United Utilities Group shares in a Tuesday, October 4 research report.

Insider buying and selling at United Utilities Group

In other United Utilities Group news, insider Alison Goligher purchased 3,000 shares of the company in a trade that took place on Thursday, September 29. The share was bought at an average price of 882 GBX ($10.66) per share, with a total value of £26,460 ($31,971.97).

Shares of United Utilities group up 0.1%

LON: UU opened at GBX 942.20 ($11.38) on Friday. The company has a market capitalization of £6.42 billion and a price-earnings ratio of -113.52. The company has a debt ratio of 269.83, a quick ratio of 0.78 and a current ratio of 0.89. The company has a 50-day moving average price of 977.78 GBX and a 200-day moving average price of 1,045.99 GBX.

About United Utilities Group

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United Utilities Group PLC provides water and wastewater services in the UK. It is also involved in the activities of renewable energy production, trustee, financing and real estate management; and providing consulting and project management services. The company operates 42,000 kilometers of water pipes; and 78,000 km of sewage pipes.

Further reading

Analyst Recommendations for United Utilities Group (LON:UU)

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