United Utilities Group PLC Price Target Cut to GBX 750 by Analysts at Societe Generale (UU.)
Societe Generale reduced their target price on shares of United Utilities Group PLC (LON:UU.) from GBX 773 ($12.34) to GBX 750 ($11.97) in a research note issued on Tuesday, AmericanBankingNews.com reports. The firm currently has a “hold” rating on the stock.
A number of other firms have also recently commented on UU.. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of United Utilities Group PLC in a research note to investors on Monday, October 7th. They now have a GBX 700 ($11.17) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of United Utilities Group PLC in a research note to investors on Thursday, September 26th. They now have a GBX 760 ($12.13) price target on the stock. Finally, analysts at Beaufort Securities downgraded shares of United Utilities Group PLC from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 20th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. United Utilities Group PLC currently has a consensus rating of “Hold” and an average target price of GBX 764.50 ($12.20).
United Utilities Group PLC is a holding company of a group, which owns and operates water and wastewater assets in the North West of England.
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