United Utilities Group PLC (UU) Given Average Rating of “Hold” by Brokerages

Shares of United Utilities Group PLC (LON:UU) have been assigned an average rating of “Hold” from the eleven research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 917.89 ($12.68).

A number of analysts have recently issued reports on UU shares. Deutsche Bank reiterated a “buy” rating and set a GBX 870 ($12.02) price objective on shares of United Utilities Group in a research note on Thursday, December 14th. Barclays reissued an “equal weight” rating on shares of United Utilities Group in a report on Tuesday, November 14th. HSBC cut shares of United Utilities Group to a “hold” rating and cut their price objective 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 upgraded shares of United Utilities Group to a “neutral” rating and set a GBX 850 ($11.74) price objective on the stock in a research note on Friday, January 5th. Finally, Goldman Sachs Group restated a “neutral” rating and set a GBX 778 ($10.75) price objective on shares of United Utilities Group in a research note on Friday, January 26th.

Shares of United Utilities Group (LON UU) traded down GBX 0.20 ($0.00) during midday trading on Tuesday, reaching GBX 663 ($9.16). 1,100,000 shares of the company were exchanged, compared to its average volume of 2,630,000. The firm has a market cap of $4,520.00 and a PE ratio of 1,052.38. United Utilities Group has a 12-month low of GBX 648.60 ($8.96) and a 12-month high of GBX 1,078 ($14.89).

The firm also recently announced a dividend, which was paid on Thursday, February 1st. Shareholders of record on Thursday, December 21st were paid a dividend of GBX 13.24 ($0.18) per share. The ex-dividend date was Thursday, December 21st. This represents a yield of 1.68%.

In related news, insider Steven L. Mogford sold 217,500 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of GBX 801 ($11.07), for a total value of £1,742,175 ($2,406,983.97). Also, insider Russ Houlden sold 4,400 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of GBX 819 ($11.32), for a total value of £36,036 ($49,787.23). In the last ninety days, insiders have sold 226,743 shares of company stock worth $181,743,930.

WARNING: This article was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.thelincolnianonline.com/2018/02/20/united-utilities-group-plc-uu-given-average-rating-of-hold-by-brokerages.html.

United Utilities Group Company Profile

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 (LON:UU)

Receive News & Ratings for United Utilities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Utilities Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply