Phil Aspin Purchases 15 Shares of United Utilities Group (LON:UU) Stock

Key Points

• Phil Aspin, an insider at United Utilities Group, recently purchased 15 shares at an average price of GBX 1,117, totaling £167.55.
• Barclays upgraded United Utilities Group to an "overweight" rating and raised their price target for the stock to GBX 1,535.
• The stock has a current market capitalization of £8.05 billion and a P/E ratio of 63.42.

United Utilities Group PLC (LON:UU - Get Free Report) insider Phil Aspin acquired 15 shares of United Utilities Group stock in a transaction dated Monday, October 13th. The shares were purchased at an average cost of GBX 1,117 per share, with a total value of £167.55.

Phil Aspin also recently made the following trade(s):

• On Thursday, September 11th, Phil Aspin bought 17 shares of United Utilities Group stock. The shares were purchased at an average price of GBX 1,130 per share, for a total transaction of £192.10.
• On Monday, August 11th, Phil Aspin acquired 16 shares of United Utilities Group stock. The shares were bought at an average price of GBX 1,132 per share, for a total transaction of £181.12.

United Utilities Group Price Performance

Shares of LON UU traded up GBX 3 during mid-day trading on Tuesday, hitting GBX 1,175. 5,719,461 shares of the stock traded hands, compared to its average volume of 328,047. The company has a current ratio of 1.79, a quick ratio of 1.13 and a debt-to-equity ratio of 551.89. The firm has a market capitalization of £8.05 billion, a P/E ratio of 63.42, a PEG ratio of 0.69 and a beta of 0.41. The firm's fifty day simple moving average is GBX 1,139.45 and its 200 day simple moving average is GBX 1,122.63.

Wall Street Analyst Weigh In

Separately, Barclays raised United Utilities Group to an "overweight" rating and lifted their price objective for the stock from GBX 1,280 to GBX 1,535 in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 1,535.

United Utilities Group Company Profile

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.

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