United Utilities Group (OTCMKTS:UUGRY) Rating Increased to Strong-Buy at Zacks Research

United Utilities Group (OTCMKTS:UUGRY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Citigroup reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

United Utilities Group Stock Performance

Shares of UUGRY stock opened at $32.38 on Monday. The company has a debt-to-equity ratio of 5.50, a quick ratio of 2.21 and a current ratio of 2.22. United Utilities Group has a fifty-two week low of $22.73 and a fifty-two week high of $32.89. The business has a fifty day simple moving average of $31.86 and a 200-day simple moving average of $31.14.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.