Utilitywise Plc (UTW) Given Average Rating of “Buy” by Brokerages
Shares of Utilitywise Plc (LON:UTW) have earned an average recommendation of “Buy” from the six analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 110 ($1.45).
UTW has been the subject of several research reports. Shore Capital restated a “buy” rating on shares of Utilitywise in a research report on Monday, July 31st. Liberum Capital restated a “buy” rating and set a GBX 105 ($1.38) price objective on shares of Utilitywise in a research report on Wednesday, November 15th. Macquarie cut their price objective on shares of Utilitywise from GBX 185 ($2.43) to GBX 130 ($1.71) and set an “outperform” rating for the company in a research report on Thursday, August 3rd. Canaccord Genuity cut their price objective on shares of Utilitywise from GBX 120 ($1.58) to GBX 100 ($1.32) and set a “buy” rating for the company in a research report on Tuesday, August 1st. Finally, FinnCap restated a “corporate” rating and set a GBX 75 ($0.99) price objective on shares of Utilitywise in a research report on Thursday, August 24th.
Shares of Utilitywise (LON:UTW) traded up GBX 4.25 ($0.06) during mid-day trading on Monday, reaching GBX 55.50 ($0.73). 296,868 shares of the company’s stock traded hands, compared to its average volume of 323,842. Utilitywise has a 1 year low of GBX 33.50 ($0.44) and a 1 year high of GBX 202.50 ($2.66).
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.
Receive News & Ratings for Utilitywise Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Utilitywise Plc and related companies with MarketBeat.com's FREE daily email newsletter.