United Utilities Group (LON:UU) Receives Neutral Rating from UBS Group

United Utilities Group (LON:UU)‘s stock had its “neutral” rating restated by equities research analysts at UBS Group in a report released on Friday, MarketBeat.com reports. They presently have a GBX 1,275 target price on the stock. UBS Group’s price objective would suggest a potential upside of 4.42% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Citigroup lifted their target price on United Utilities Group from GBX 1,261 to GBX 1,327 and gave the stock a “buy” rating in a report on Monday. Barclays raised shares of United Utilities Group to an “overweight” rating and raised their price target for the stock from GBX 1,280 to GBX 1,535 in a research report on Wednesday, August 20th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, United Utilities Group has an average rating of “Moderate Buy” and an average target price of GBX 1,379.

United Utilities Group Price Performance

UU traded up GBX 2.50 on Friday, reaching GBX 1,221. 2,663,258 shares of the stock were exchanged, compared to its average volume of 328,047. The firm’s fifty day moving average is GBX 1,159.55 and its 200-day moving average is GBX 1,141.66. The company has a quick ratio of 1.13, a current ratio of 1.79 and a debt-to-equity ratio of 551.89. The stock has a market capitalization of £8.36 billion, a price-to-earnings ratio of 65.91, a PEG ratio of 0.69 and a beta of 0.41.

About United Utilities Group

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.