United Utilities Group Given New GBX 735 Price Target at JPMorgan Chase & Co. (UU)
Stock analysts at JPMorgan Chase & Co. dropped their price target on shares of United Utilities Group (LON:UU) from GBX 750 ($12.30) to GBX 735 ($12.06) in a report issued on Tuesday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 11.45% from the company’s current price.
Shares of United Utilities Group (LON:UU) traded down 0.98% on Tuesday, hitting GBX 659.50. The stock had a trading volume of 2,150,314 shares. United Utilities Group has a 1-year low of GBX 617.00 and a 1-year high of GBX 795.00. The stock has a 50-day moving average of GBX 663.1 and a 200-day moving average of GBX 688.8. The company’s market cap is £4.496 billion.
UU has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of United Utilities Group in a research note to investors on Monday, December 16th. They now have a GBX 800 ($13.12) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of United Utilities Group in a research note to investors on Friday, December 6th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of United Utilities Group in a research note to investors on Thursday, December 5th. They now have a GBX 660 ($10.82) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 750.05 ($12.30).
United Utilities Group PLC (LON:UU) is engaged in water business.
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