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United Utilities Group PLC (LON:UU) Given Average Recommendation of "Hold" by Analysts

Defense World ·  Dec 18, 2022 03:11

Shares of United Utilities Group PLC (LON:UU – Get Rating) have been given a consensus rating of "Hold" by the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 1,126.25 ($13.82).

Several analysts have commented on UU shares. Barclays restated an "overweight" rating and set a GBX 1,250 ($15.34) price objective on shares of United Utilities Group in a research note on Thursday, November 24th. Royal Bank of Canada decreased their price objective on shares of United Utilities Group from GBX 1,100 ($13.50) to GBX 1,025 ($12.58) and set a "sector perform" rating for the company in a research note on Tuesday, October 4th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 1,000 ($12.27) target price on shares of United Utilities Group in a research note on Thursday, November 24th. Finally, Jefferies Financial Group reiterated a "neutral" rating and issued a GBX 1,230 ($15.09) target price on shares of United Utilities Group in a research note on Tuesday, October 4th.

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United Utilities Group Stock Down 1.7 %

LON:UU opened at GBX 1,020 ($12.51) on Friday. The company has a market cap of £6.96 billion and a PE ratio of 1,360.00. United Utilities Group has a twelve month low of GBX 813.20 ($9.98) and a twelve month high of GBX 1,186.88 ($14.56). The company has a current ratio of 1.38, a quick ratio of 1.13 and a debt-to-equity ratio of 264.63. The company's 50 day moving average is GBX 974.62 and its two-hundred day moving average is GBX 1,019.40.

United Utilities Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 1st. Investors of record on Thursday, December 22nd will be issued a GBX 15.17 ($0.19) dividend. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, December 22nd. United Utilities Group's dividend payout ratio is currently 5,866.67%.

Insider Activity at United Utilities Group

In related news, insider Alison Goligher bought 3,000 shares of the stock in a transaction on Thursday, September 29th. The stock was bought at an average price of GBX 882 ($10.82) per share, with a total value of £26,460 ($32,462.27). Over the last quarter, insiders bought 3,035 shares of company stock valued at $2,681,976.

About United Utilities Group

(Get Rating)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 42,000 kilometers of water pipes; and 78,000 km of wastewater pipes.

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