Utilitywise PLC (UTW) Given Average Recommendation of “Buy” by Analysts
Shares of Utilitywise PLC (LON:UTW) have received an average recommendation of “Buy” from the six research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 110 ($1.45).
A number of equities analysts have issued reports on the stock. FinnCap reissued a “corporate” rating and issued a GBX 75 ($0.99) target price on shares of Utilitywise PLC in a report on Tuesday, September 26th. Liberum Capital reissued a “buy” rating and issued a GBX 105 ($1.39) target price on shares of Utilitywise PLC in a report on Thursday, August 24th. Shore Capital reissued a “buy” rating on shares of Utilitywise PLC in a report on Wednesday, August 16th. Canaccord Genuity cut their target price on shares of Utilitywise PLC from GBX 120 ($1.58) to GBX 100 ($1.32) and set a “buy” rating on the stock in a report on Tuesday, August 1st. Finally, Macquarie cut their target price on shares of Utilitywise PLC from GBX 185 ($2.44) to GBX 130 ($1.72) and set an “outperform” rating on the stock in a report on Thursday, August 3rd.
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Utilitywise PLC Company Profile
Utilitywise plc is a United Kingdom-based business energy and water consultancy. The principal activity of the Company is of an intermediary for energy supplies to the commercial market. Its operating segments include Enterprise and Corporate. The Enterprise segment is engaged in energy procurement by negotiating rates with energy suppliers for small and medium-sized business customers throughout the United Kingdom, the Republic of Ireland and certain European markets.
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