United Utilities Group (OTCMKTS:UUGRY) Lowered to Hold Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of United Utilities Group (OTCMKTS:UUGRY) from a strong-buy rating to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Several other brokerages also recently weighed in on UUGRY. Citigroup reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. Zacks Research downgraded United Utilities Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, United Utilities Group presently has an average rating of “Moderate Buy”.

United Utilities Group Price Performance

OTCMKTS:UUGRY opened at $37.32 on Wednesday. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50. The firm’s fifty day moving average price is $33.91 and its 200 day moving average price is $32.23. United Utilities Group has a 1-year low of $24.10 and a 1-year high of $37.36.

United Utilities Group Company Profile

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.