United Utilities Group PLC (UU) Price Target Lowered to GBX 930 at Deutsche Bank AG
United Utilities Group PLC (LON:UU) had its target price decreased by analysts at Deutsche Bank AG from GBX 1,050 ($13.63) to GBX 930 ($12.07) in a report released on Thursday, MarketBeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 3.62% from the company’s current price.
A number of other analysts also recently weighed in on UU. HSBC Holdings plc boosted their target price on shares of United Utilities Group PLC from GBX 1,060 ($13.76) to GBX 1,070 ($13.89) and gave the stock a “buy” rating in a report on Wednesday, April 26th. Royal Bank Of Canada boosted their target price on shares of United Utilities Group PLC from GBX 1,000 ($12.98) to GBX 1,025 ($13.31) and gave the stock a “sector performer” rating in a report on Thursday, May 4th. Beaufort Securities restated a “buy” rating on shares of United Utilities Group PLC in a report on Friday, May 26th. Barclays PLC boosted their target price on shares of United Utilities Group PLC from GBX 960 ($12.46) to GBX 1,010 ($13.11) and gave the stock an “equal weight” rating in a report on Monday, June 12th. Finally, Credit Suisse Group downgraded shares of United Utilities Group PLC to an “underperform” rating and reduced their target price for the stock from GBX 1,000 ($12.98) to GBX 850 ($11.03) in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 969.09 ($12.58).
Shares of United Utilities Group PLC (UU) traded down 0.77% on Thursday, hitting GBX 897.50. The stock had a trading volume of 1,399,691 shares. The company has a 50 day moving average price of GBX 889.99 and a 200-day moving average price of GBX 958.58. United Utilities Group PLC has a 12 month low of GBX 849.00 and a 12 month high of GBX 1,078.00. The stock’s market cap is GBX 6.12 billion.
In other United Utilities Group PLC news, insider Steven L. Mogford sold 44,011 shares of the business’s stock in a transaction dated Friday, June 30th. The shares were sold at an average price of GBX 884 ($11.48), for a total value of £389,057.24 ($505,072.36). Also, insider Steven Fraser sold 6,917 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of GBX 899 ($11.67), for a total transaction of £62,183.83 ($80,726.77).
About United Utilities Group PLC
United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.
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