United Utilities Group Upgraded to Neutral by Credit Suisse (UU)
United Utilities Group (LON:UU) was upgraded by equities researchers at Credit Suisse to a “neutral” rating in a research report issued on Friday, AnalystRatings.Net reports. The firm currently has a GBX 660 ($10.54) target price on the stock. Credit Suisse’s target price suggests a potential downside of 7.04% from the company’s current price.
A number of other firms have also recently commented on UU. Analysts at AlphaValue reiterated an “add” rating on shares of United Utilities Group in a research note to investors on Thursday. They now have a GBX 806 ($12.87) price target on the stock. Separately, analysts at Societe Generale cut their price target on shares of United Utilities Group from GBX 773 ($12.34) to GBX 750 ($11.97) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of United Utilities Group in a research note to investors on Monday, October 7th. They now have a GBX 700 ($11.17) price target on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 771.66 ($12.32).
United Utilities Group (LON:UU) traded up 1.43% on Friday, hitting GBX 710.00. 2,423,707 shares of the company’s stock traded hands. United Utilities Group has a one year low of GBX 617.00 and a one year high of GBX 795.00. The stock’s 50-day moving average is GBX 692.3 and its 200-day moving average is GBX 714.9. The company’s market cap is £4.841 billion.
United Utilities Group PLC (LON:UU) is engaged in water business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.