United Utilities Group PLC (LON:UU) has been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 799 ($10.44).
A number of analysts have commented on UU shares. Credit Suisse Group reaffirmed an “outperform” rating on shares of United Utilities Group in a research report on Wednesday, December 12th. Goldman Sachs Group reaffirmed a “neutral” rating and set a GBX 530 ($6.93) price target on shares of United Utilities Group in a research report on Tuesday, September 18th. Deutsche Bank raised shares of United Utilities Group to a “buy” rating in a research report on Tuesday, November 13th. JPMorgan Chase & Co. cut their price target on shares of United Utilities Group from GBX 1,000 ($13.07) to GBX 950 ($12.41) and set an “overweight” rating on the stock in a research report on Tuesday, December 11th. Finally, Royal Bank of Canada dropped their price objective on shares of United Utilities Group from GBX 1,050 ($13.72) to GBX 950 ($12.41) and set an “outperform” rating on the stock in a report on Monday, November 26th.
Shares of UU opened at GBX 767.60 ($10.03) on Friday. United Utilities Group has a 12 month low of GBX 648.60 ($8.48) and a 12 month high of GBX 1,078 ($14.09).
The business also recently disclosed a dividend, which will be paid on Friday, February 1st. Stockholders of record on Thursday, December 20th will be issued a dividend of GBX 13.76 ($0.18) per share. The ex-dividend date of this dividend is Thursday, December 20th. This represents a dividend yield of 1.77%.
United Utilities Group Company Profile
United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of consulting and project management services. The company operates 42,000 kilometers (km) of water pipes; 77,000 km of wastewater pipes; 568 wastewater treatment works; and 88 water treatment works.
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