United Utilities Group PLC (LON:UU) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• United Utilities Group has a consensus “Hold” rating among seven analysts: five recommend holding the shares and two recommend buying them. The average 12-month price target is GBX 1,435.71.
• Analyst views were mixed, with Deutsche Bank and RBC raising their targets to GBX 1,550, while Citigroup cut its target to GBX 1,340; Jefferies maintained a “Hold” rating with a GBX 1,350 target.
• The stock opened at GBX 1,430, with a market capitalization of about £9.79 billion. Insider Phil Aspin sold 24,566 shares at an average price of GBX 1,306, while insiders collectively own 0.05% of the company.

United Utilities Group PLC (LON:UU - Get Free Report) has received an average rating of "Hold" from the seven research firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 1,435.71.

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their target price 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. Citigroup lowered their price target on United Utilities Group from £152.50 to GBX 1,340 and set a "neutral" rating for the company in a report on Tuesday, June 16th. Jefferies Financial Group raised their price target on United Utilities Group from GBX 1,320 to GBX 1,350 and gave the stock a "hold" rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada upgraded United Utilities Group to a "sector perform" rating and lifted their price objective for the company from GBX 1,450 to GBX 1,550 in a report on Tuesday, May 5th.

Insider Transactions at United Utilities Group

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of the firm's stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of GBX 1,306, for a total transaction of £320,831.96. Insiders own 0.05% of the company's stock.

United Utilities Group Stock Up 1.5%

Shares of UU stock opened at GBX 1,430 on Thursday. The firm has a market cap of £9.79 billion, a price-to-earnings ratio of 77.19, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The company has a 50-day moving average price of GBX 1,344.46 and a two-hundred day moving average price of GBX 1,336.61.

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.

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