United Utilities Group’s (UU) Hold Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of United Utilities Group (LON:UUGet Rating) in a report released on Thursday morning, MarketBeat.com reports. They currently have a GBX 1,000 ($11.82) target price on the stock.

A number of other brokerages also recently issued reports on UU. Barclays reissued an overweight rating and issued a GBX 1,250 ($14.78) price objective on shares of United Utilities Group in a research note on Thursday. Jefferies Financial Group reissued a neutral rating and issued a GBX 1,230 ($14.54) price objective on shares of United Utilities Group in a research note on Tuesday, October 4th. Finally, Royal Bank of Canada reduced their target price on United Utilities Group from GBX 1,100 ($13.01) to GBX 1,025 ($12.12) and set a sector perform rating for the company in a report on Tuesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Hold and a consensus price target of GBX 1,097.50 ($12.98).

United Utilities Group Trading Up 3.2 %

Shares of UU opened at GBX 1,086 ($12.84) on Thursday. The firm has a market cap of £7.41 billion and a price-to-earnings ratio of -126.75. United Utilities Group has a 52-week low of GBX 813.20 ($9.62) and a 52-week high of GBX 1,186.88 ($14.03). The company has a debt-to-equity ratio of 269.83, a quick ratio of 0.78 and a current ratio of 0.89. The business’s fifty day moving average is GBX 944.09 and its 200-day moving average is GBX 1,026.64.

United Utilities Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, December 22nd will be given a dividend of GBX 15.17 ($0.18) per share. The ex-dividend date is Thursday, December 22nd. This represents a yield of 1.47%. United Utilities Group’s payout ratio is -518.07%.

Insider Activity

In other news, insider Alison Goligher acquired 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The stock was bought at an average cost of GBX 882 ($10.43) per share, for a total transaction of £26,460 ($31,287.69).

United Utilities Group Company Profile

(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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Analyst Recommendations for United Utilities Group (LON:UU)

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