Shares of United Utilities Group PLC (LON:UU) have received a consensus rating of “Hold” from the thirteen analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 974 ($12.68).
A number of equities analysts have issued reports on the company. Royal Bank Of Canada upgraded United Utilities Group PLC to an “outperform” rating and raised their target price for the stock from GBX 1,025 ($13.35) to GBX 1,050 ($13.67) in a report on Monday, July 31st. Deutsche Bank AG restated a “hold” rating and set a GBX 1,050 ($13.67) target price on shares of United Utilities Group PLC in a report on Monday, June 12th. HSBC Holdings plc raised their target price on United Utilities Group PLC from GBX 1,060 ($13.80) to GBX 1,070 ($13.93) and gave the stock a “buy” rating in a report on Wednesday, April 26th. Credit Suisse Group cut United Utilities Group PLC to an “underperform” rating and reduced their target price for the stock from GBX 1,000 ($13.02) to GBX 850 ($11.07) in a report on Friday, June 30th. Finally, Morgan Stanley reduced their target price on United Utilities Group PLC from GBX 905 ($11.79) to GBX 890 ($11.59) and set an “underweight” rating on the stock in a report on Friday, July 7th.
Shares of United Utilities Group PLC (LON:UU) traded up 0.92% during midday trading on Friday, reaching GBX 928.50. 1,360,513 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 6.33 billion. United Utilities Group PLC has a 1-year low of GBX 849.00 and a 1-year high of GBX 1,078.00. The firm has a 50-day moving average of GBX 889.50 and a 200-day moving average of GBX 958.49.
The firm also recently disclosed a dividend, which was paid on Friday, August 4th. Stockholders of record on Thursday, June 22nd were issued a dividend of GBX 25.92 ($0.34) per share. This represents a dividend yield of 2.45%. The ex-dividend date of this dividend was Thursday, June 22nd.
In related news, insider Steven L. Mogford sold 44,011 shares of United Utilities Group PLC stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of GBX 884 ($11.51), for a total value of £389,057.24 ($506,650.92). Also, insider Steven Fraser sold 6,917 shares of United Utilities Group PLC stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of GBX 899 ($11.71), for a total value of £62,183.83 ($80,979.07). Insiders have bought a total of 54 shares of company stock worth $51,468 in the last quarter.
United Utilities Group PLC Company Profile
United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.
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