United Utilities Group Rating Reiterated by Deutsche Bank (UU)
United Utilities Group (LON:UU)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday, American Banking & Market News reports. They currently have a GBX 800 ($13.13) target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 13.80% from the stock’s previous close.
United Utilities Group (LON:UU) traded up 1.01% during mid-day trading on Tuesday, hitting GBX 703.00. 2,114,761 shares of the company’s stock traded hands. United Utilities Group has a 52-week low of GBX 641.00 and a 52-week high of GBX 795.00. The stock’s 50-day moving average is GBX 664. and its 200-day moving average is GBX 688.3. The company’s market cap is £4.793 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley upgraded shares of United Utilities Group to an “overweight” rating in a research note to investors on Thursday, January 16th. They now have a GBX 775 ($12.72) price target on the stock, down previously from GBX 780 ($12.80). Separately, analysts at HSBC reiterated a “neutral” rating on shares of United Utilities Group in a research note to investors on Thursday, January 9th. They now have a GBX 720 ($11.82) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of United Utilities Group from GBX 750 ($12.31) to GBX 735 ($12.07) in a research note to investors on Tuesday, January 7th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 746.52 ($12.25).
United Utilities Group PLC (LON:UU) is engaged in water business.
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