RBC Capital Lowers United Utilities Group PLC to Sector Performer (UU)
United Utilities Group PLC (LON:UU) was downgraded by equities researchers at RBC Capital to a “sector performer” rating in a research report issued on Wednesday. They currently have a GBX 890 ($14.73) price target on the stock, up from their previous price target of GBX 870 ($14.40). RBC Capital’s price target would indicate a potential downside of 1.98% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of United Utilities Group PLC in a research note on Friday, August 8th. They now have a GBX 980 ($16.22) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of United Utilities Group PLC in a research note on Thursday, August 7th. They now have a GBX 980 ($16.22) price target on the stock. Finally, 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 ($12.08) price target on the stock, up previously from GBX 680 ($11.25). Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 811.92 ($13.44).
Shares of United Utilities Group PLC (LON:UU) traded down 1.27% on Wednesday, hitting GBX 896.50. The stock had a trading volume of 4,115,173 shares. United Utilities Group PLC has a 52-week low of GBX 641.00 and a 52-week high of GBX 905.50. The stock has a 50-day moving average of GBX 879.1 and a 200-day moving average of GBX 832.9. The company’s market cap is £6.113 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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