United Utilities Group PLC (UU) Stock Rating Reaffirmed by Societe Generale
United Utilities Group PLC (LON:UU)‘s stock had its “hold” rating restated by stock analysts at Societe Generale in a research note issued to investors on Wednesday. They currently have a GBX 1,040 ($13.58) target price on the stock. Societe Generale’s price objective would indicate a potential upside of 13.04% from the stock’s current price.
UU has been the topic of a number of other research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,120 ($14.62) price objective on shares of United Utilities Group PLC in a research report on Wednesday, September 7th. Deutsche Bank AG upped their price objective on United Utilities Group PLC from GBX 1,000 ($13.05) to GBX 1,150 ($15.01) and gave the stock a “buy” rating in a research report on Tuesday, September 13th. HSBC reaffirmed a “hold” rating and set a GBX 1,060 ($13.84) price objective on shares of United Utilities Group PLC in a research report on Tuesday, July 5th. Jefferies Group boosted their target price on shares of United Utilities Group PLC from GBX 890 ($11.62) to GBX 940 ($12.27) and gave the stock a “hold” rating in a research note on Thursday, September 22nd. Finally, Credit Suisse Group AG downgraded shares of United Utilities Group PLC to a “neutral” rating and boosted their target price for the stock from GBX 970 ($12.66) to GBX 990 ($12.92) in a research note on Thursday, July 21st. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 992.75 ($12.96).
Shares of United Utilities Group PLC (LON:UU) traded down 1.08% during trading on Wednesday, reaching GBX 920.00. The company had a trading volume of 3,383,275 shares. The firm’s market capitalization is GBX 6.27 billion. The firm has a 50-day moving average of GBX 982.82 and a 200 day moving average of GBX 971.21. United Utilities Group PLC has a 1-year low of GBX 884.00 and a 1-year high of GBX 1,065.55.
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In other news, insider Houlden,Russ purchased 37 shares of the business’s stock in a transaction that occurred on Monday, September 12th. The stock was purchased at an average cost of GBX 975 ($12.73) per share, with a total value of £360.75 ($470.89). Also, insider Goligher,Alison purchased 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The shares were purchased at an average cost of GBX 995 ($12.99) per share, with a total value of £29,850 ($38,963.58).
United Utilities Group PLC Company Profile
United Utilities Group PLC provides water and sewage services. The Company through its subsidiary, United Utilities Water Limited, manages the regulated water and wastewater network in the North West of England, providing services to approximately seven million people and businesses. The Company manages around 120,000 kilometers of water pipes and sewers.
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