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

Defense World ·  Apr 22, 2023 02:56

United Utilities Group PLC (LON:UU – Get Rating) has received a consensus rating of "Hold" from the six analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,145 ($14.17).

Separately, Royal Bank of Canada lifted their target price on shares of United Utilities Group from GBX 1,025 ($12.68) to GBX 1,100 ($13.61) and gave the company a "sector perform" rating in a research note on Monday, February 13th.

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United Utilities Group Stock Up 0.7 %

UU stock opened at GBX 1,082.50 ($13.40) on Friday. United Utilities Group has a twelve month low of GBX 813.20 ($10.06) and a twelve month high of GBX 1,172.50 ($14.51). The company has a market cap of £7.38 billion, a PE ratio of 1,462.84, a price-to-earnings-growth ratio of 138.87 and a beta of 0.43. The business's 50-day simple moving average is GBX 1,049.97 and its 200 day simple moving average is GBX 1,015.51. The company has a quick ratio of 1.13, a current ratio of 1.38 and a debt-to-equity ratio of 264.63.

Insiders Place Their Bets

In other United Utilities Group news, insider Steven L. Mogford sold 35,000 shares of the company's stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of GBX 1,054 ($13.04), for a total transaction of £368,900 ($456,502.91). Company insiders own 0.07% of the company's stock.

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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