United Utilities Group (LON:UU) Share Price Passes Above 200 Day Moving Average – Should You Sell?

United Utilities Group PLC (LON:UU)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,288.72 and traded as high as GBX 1,336. United Utilities Group shares last traded at GBX 1,324, with a volume of 918,344 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UU shares. Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and upped their price objective for the company from GBX 1,450 to GBX 1,550 in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft increased their price target on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,320 price target on shares of United Utilities Group in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. raised their target price on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,429.57.

United Utilities Group Price Performance

The firm has a fifty day simple moving average of GBX 1,350.15 and a 200 day simple moving average of GBX 1,288.72. The company has a market capitalization of £8.96 billion, a PE ratio of 70.60, a P/E/G ratio of 0.69 and a beta of 0.58. The company has a debt-to-equity ratio of 512.65, a quick ratio of 1.13 and a current ratio of 2.55.

United Utilities Group (LON:UU) last released its quarterly earnings data on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. The company had revenue of GBX 261.63 billion for the quarter. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. Equities analysts anticipate that United Utilities Group PLC will post 50.9730539 EPS for the current year.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.