United Utilities Group PLC Receives “Buy” Rating from Deutsche Bank (UU)
United Utilities Group PLC (LON:UU)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Thursday. They currently have a GBX 980 ($16.49) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 16.95% from the company’s current price.
A number of other analysts have also recently weighed in on UU. Analysts at Credit Suisse downgraded shares of United Utilities Group PLC to an “underperform” rating in a research note on Friday, August 1st. They now have a GBX 730 ($12.28) price target on the stock, up previously from GBX 680 ($11.44). Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of United Utilities Group PLC in a research note on Monday, July 21st. They now have a GBX 980 ($16.49) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of United Utilities Group PLC in a research note on Friday, July 11th. They now have a GBX 870 ($14.64) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. United Utilities Group PLC currently has an average rating of “Hold” and a consensus target price of GBX 807.13 ($13.58).
Shares of United Utilities Group PLC (LON:UU) traded down 0.59% on Thursday, hitting GBX 838.00. 1,425,033 shares of the company’s stock traded hands. United Utilities Group PLC has a 52 week low of GBX 641.00 and a 52 week high of GBX 905.50. The stock’s 50-day moving average is GBX 880.6 and its 200-day moving average is GBX 816.6. The company’s market cap is £7.389 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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