United Utilities Group PLC Downgraded by Goldman Sachs to “Neutral” (UU)
United Utilities Group PLC (LON:UU) was downgraded by stock analysts at Goldman Sachs to a “neutral” rating in a report issued on Tuesday. They currently have a GBX 914 ($15.55) price target on the stock. Goldman Sachs’ price target would indicate a potential upside of 4.40% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at HSBC reiterated an “underweight” rating on shares of United Utilities Group PLC in a research note on Monday. They now have a GBX 820 ($13.96) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of United Utilities Group PLC in a research note on Wednesday, June 18th. They now have a GBX 950 ($16.17) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of United Utilities Group PLC in a research note on Friday, June 13th. They now have a GBX 700 ($11.91) price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 801.79 ($13.65).
United Utilities Group PLC (LON:UU) traded down 0.91% on Tuesday, hitting GBX 875.50. The stock had a trading volume of 1,490,364 shares. United Utilities Group PLC has a one year low of GBX 641.00 and a one year high of GBX 902.7001. The stock has a 50-day moving average of GBX 858.9 and a 200-day moving average of GBX 768.3. The company’s market cap is £5.970 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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