Goldman Sachs Group Reiterates “Neutral” Rating for United Utilities Group (UU)

United Utilities Group (LON:UU)‘s stock had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group in a report issued on Friday. They presently have a GBX 778 ($10.55) target price on the stock. Goldman Sachs Group’s price objective suggests a potential upside of 4.01% from the stock’s current price.

UU has been the subject of a number of other research reports. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 850 ($11.53) price objective on shares of United Utilities Group in a research report on Thursday, November 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,070 ($14.51) price objective on shares of United Utilities Group in a research report on Thursday, October 26th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 930 ($12.61) price objective 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 lowered their target price for the company from GBX 1,000 ($13.56) to GBX 900 ($12.21) in a research note on Friday, November 17th. Finally, Barclays reissued an “equal weight” rating on shares of United Utilities Group in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. United Utilities Group presently has a consensus rating of “Hold” and a consensus target price of GBX 927.10 ($12.57).

Shares of United Utilities Group (LON UU) traded up GBX 7.80 ($0.11) on Friday, hitting GBX 748 ($10.14). 2,479,701 shares of the stock were exchanged, compared to its average volume of 2,170,000. The firm has a market capitalization of $5,100.00 and a price-to-earnings ratio of 1,187.30. United Utilities Group has a 1-year low of GBX 731 ($9.91) and a 1-year high of GBX 1,078 ($14.62).

In other United Utilities Group news, insider Russ Houlden sold 4,400 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of GBX 819 ($11.11), for a total transaction of £36,036 ($48,869.00). Also, insider Paulette Rowe acquired 3,000 shares of the firm’s stock in a transaction on Thursday, January 11th. The shares were purchased at an average cost of GBX 770 ($10.44) per share, for a total transaction of £23,100 ($31,326.28). In the last three months, insiders sold 226,743 shares of company stock worth $181,743,930.

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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.

Analyst Recommendations for United Utilities Group (LON:UU)

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