Societe Generale Upgrades United Utilities Group PLC (UUGRY) to Buy
United Utilities Group PLC (OTC:UUGRY) was upgraded by stock analysts at Societe Generale from a “hold” rating to a “buy” rating in a research report issued on Thursday, StockTargetPrices.com reports.
UUGRY has been the subject of several other reports. Credit Suisse Group AG lowered United Utilities Group PLC from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 21st. Citigroup Inc. lowered United Utilities Group PLC from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 3rd.
United Utilities Group PLC (OTC:UUGRY) traded up 3.02% on Thursday, reaching $23.03. The company’s stock had a trading volume of 726 shares. The firm’s 50-day moving average price is $25.43 and its 200-day moving average price is $26.55. United Utilities Group PLC has a 52-week low of $22.33 and a 52-week high of $30.64. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 15.56 and a beta of 0.44.
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About United Utilities Group PLC
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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