United Utilities Group PLC (LON:UU) Receives Consensus Rating of “Hold” from Brokerages

Shares of United Utilities Group PLC (LON:UU) have received an average rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 1,431.43.

Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,320 price objective on shares of United Utilities Group in a research note on Thursday, April 30th. Citigroup cut their price objective on United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. JPMorgan Chase & Co. upped their price target on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and upped their price target for the company from GBX 1,450 to GBX 1,550 in a research report on Tuesday, May 5th.

United Utilities Group Stock Up 0.6%

Shares of United Utilities Group stock opened at GBX 1,297 on Wednesday. The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65. The company has a fifty day simple moving average of GBX 1,340.91 and a 200-day simple moving average of GBX 1,295.94. The stock has a market cap of £8.88 billion, a price-to-earnings ratio of 70.01, a PEG ratio of 0.69 and a beta of 0.76.

United Utilities Group (LON:UU) last announced its quarterly earnings results on Thursday, April 30th. The company reported GBX 107.10 earnings per share for the quarter. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%.The firm had revenue of GBX 261.63 billion during the quarter. On average, sell-side analysts expect that United Utilities Group will post 50.9730539 EPS for the current year.

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.