RBC Capital analyst Shelby Tucker maintained a Hold rating on Unitil (UTL – Research Report) on May 14 and set a price target of $52.00. The company’s shares closed yesterday at $54.67.
Tucker covers the Utilities sector, focusing on stocks such as Atlantica Yield, PPL, and American Water. According to TipRanks, Tucker has an average return of 10.8% and a 73.97% success rate on recommended stocks.
Unitil has an analyst consensus of Hold, with a price target consensus of $52.00.
Based on Unitil’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $129.6 million and a net profit of $15.5 million. In comparison, last year the company earned a revenue of $161.5 million and had a net profit of $14.5 million
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Unitil (UTL) Company Description:
UNITIL Corp. operates as a holding company, which engages in power generation and distribution. It operates through the following segments: Gas, Electric, Non-Regulated and Other. The firm produces and sells electricity & natural gas. The company was founded on September 7, 1984 and is headquartered in Hampton, NH.
