United Utilities Group (UU) Upgraded to Neutral at Credit Suisse Group
United Utilities Group (LON:UU) was upgraded by research analysts at Credit Suisse Group to a “neutral” rating in a research note issued to investors on Friday. The firm presently has a GBX 850 ($11.37) price target on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 3.94% from the company’s previous close.
UU has been the topic of a number of other reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,070 ($14.31) target price on shares of United Utilities Group in a research report on Thursday, October 26th. Deutsche Bank reissued a “hold” rating and set a GBX 930 ($12.43) target price on shares of United Utilities Group in a research report on Tuesday, November 7th. HSBC cut shares of United Utilities Group to a “hold” rating and reduced their target price for the stock from GBX 1,000 ($13.37) to GBX 900 ($12.03) in a research report on Friday, November 17th. Finally, Barclays reissued an “equal weight” rating on shares of United Utilities Group in a research report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 943.67 ($12.62).
United Utilities Group (LON:UU) traded up GBX 18 ($0.24) on Friday, reaching GBX 817.80 ($10.93). 2,580,214 shares of the company’s stock traded hands, compared to its average volume of 2,150,000. United Utilities Group has a 12 month low of GBX 764.50 ($10.22) and a 12 month high of GBX 1,078 ($14.41). The stock has a market capitalization of $5,560.00 and a P/E ratio of 1,298.10.
United Utilities Group Company Profile
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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