United Utilities Group PLC (UUGRY) Raised to “Buy” at Societe Generale
United Utilities Group PLC (OTCMKTS:UUGRY) was upgraded by investment analysts at Societe Generale from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
Several other equities analysts also recently commented on the stock. Credit Suisse Group AG downgraded shares of United Utilities Group PLC from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 21st. Deutsche Bank AG reiterated a “buy” rating on shares of United Utilities Group PLC in a research note on Saturday, June 25th. Citigroup Inc. downgraded shares of United Utilities Group PLC from a “neutral” rating to a “sell” rating in a research note on Wednesday, August 3rd. Beaufort Securities reiterated a “buy” rating on shares of United Utilities Group PLC in a research note on Wednesday, September 28th. Finally, Bank of America Corp. downgraded shares of United Utilities Group PLC from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 7th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold”.
Shares of United Utilities Group PLC (OTCMKTS:UUGRY) traded up 0.000% during mid-day trading on Thursday, hitting $22.355. United Utilities Group PLC has a one year low of $22.33 and a one year high of $30.64. The stock’s 50 day moving average price is $25.43 and its 200-day moving average price is $26.55. The stock has a market cap of $7.62 billion, a P/E ratio of 15.105 and a beta of 0.44.
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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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