United Utilities Group PLC (UUGRY) Upgraded to Buy at Societe Generale
United Utilities Group PLC (OTCMKTS:UUGRY) was upgraded by research analysts at Societe Generale from a “hold” rating to a “buy” rating in a report issued on Thursday.
A number of other analysts have also recently issued reports on the stock. Credit Suisse Group AG cut shares of United Utilities Group PLC from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 21st. Peel Hunt reissued a “buy” rating on shares of United Utilities Group PLC in a research note on Tuesday, July 26th. Bank of America Corp. cut shares of United Utilities Group PLC from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 7th. Citigroup Inc. cut shares of United Utilities Group PLC from a “neutral” rating to a “sell” rating in a research note on Wednesday, August 3rd. Finally, Beaufort Securities reissued a “buy” rating on shares of United Utilities Group PLC in a research note on Wednesday, September 28th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold”.
United Utilities Group PLC (OTCMKTS:UUGRY) traded up 3.15% on Thursday, reaching $23.06. 7,610 shares of the company were exchanged. The firm has a 50-day moving average of $25.35 and a 200 day moving average of $26.52. The firm has a market capitalization of $7.86 billion, a P/E ratio of 15.58 and a beta of 0.44. United Utilities Group PLC has a 12-month low of $22.33 and a 12-month high of $30.64.
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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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