United Utilities Group (LON:UU) Price Target Raised to GBX 1,450

United Utilities Group (LON:UU) had its price target increased by JPMorgan Chase & Co. from GBX 1,300 to GBX 1,450 in a research note released on Monday, MarketBeat.com reports. They currently have a neutral rating on the stock.

United Utilities Group Stock Performance

Shares of UU stock opened at GBX 1,363.50 on Monday. The stock has a market cap of £9.34 billion, a P/E ratio of 73.60, a price-to-earnings-growth ratio of 0.69 and a beta of 0.56. The company has a quick ratio of 1.13, a current ratio of 2.22 and a debt-to-equity ratio of 571.15. The company’s 50 day moving average price is GBX 1,335.95 and its 200-day moving average price is GBX 1,246.67.

Insider Buying and Selling at United Utilities Group

In other United Utilities Group news, insider Marina Wyatt acquired 2,400 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average cost of GBX 1,269 per share, with a total value of £30,456. Insiders have purchased a total of 2,426 shares of company stock worth $3,079,348 over the last ninety days. 0.05% of the stock is owned by company insiders.

United Utilities Group Company Profile

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.