Sanford C. Bernstein Reaffirms Outperform Rating for United Utilities Group PLC (UU)
United Utilities Group PLC (LON:UU)‘s stock had its “outperform” rating reaffirmed by stock analysts at Sanford C. Bernstein in a report issued on Monday. They currently have a GBX 980 ($16.26) target price on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 11.74% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of United Utilities Group PLC in a research note on Friday. They now have a GBX 980 ($16.26) price target on the stock. Separately, analysts at Bank of America downgraded shares of United Utilities Group PLC to an “underperform” rating in a research note on Wednesday, August 27th. Finally, analysts at RBC Capital downgraded shares of United Utilities Group PLC to a “sector performer” rating in a research note on Wednesday, August 27th. They now have a GBX 890 ($14.77) price target on the stock, up previously from GBX 870 ($14.44). Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 811.92 ($13.47).
Shares of United Utilities Group PLC (LON:UU) opened at 876.925 on Monday. United Utilities Group PLC has a 1-year low of GBX 641.00 and a 1-year high of GBX 911.50. The stock’s 50-day moving average is GBX 879.1 and its 200-day moving average is GBX 833.6. The company’s market cap is £5.980 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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