United Utilities Group PLC Lowered to Buy at Goldman Sachs (UU)
United Utilities Group PLC (LON:UU) was downgraded by equities research analysts at Goldman Sachs to a “buy” rating in a research note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 914 ($15.39) target price on the stock. Goldman Sachs’ target price points to a potential upside of 9.13% from the company’s current price.
UU has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of United Utilities Group PLC in a research note on Thursday, April 24th. They now have a GBX 700 ($11.79) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of United Utilities Group PLC from GBX 1,000 ($16.84) to GBX 900 ($15.16) in a research note on Wednesday, April 16th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of United Utilities Group PLC in a research note on Tuesday, April 8th. They now have a GBX 870 ($14.65) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. United Utilities Group PLC has an average rating of “Hold” and a consensus price target of GBX 781.92 ($13.17).
Shares of United Utilities Group PLC (LON:UU) traded down 0.36% on Monday, hitting GBX 837.50. The stock had a trading volume of 2,048,024 shares. United Utilities Group PLC has a 1-year low of GBX 641.00 and a 1-year high of GBX 846.00. The stock’s 50-day moving average is GBX 792.5 and its 200-day moving average is GBX 731.4. The company’s market cap is £5.710 billion.
United Utilities Group PLC is the holding company of a group which owns and operates water and wastewater assets in the North West of England.
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