United Utilities Group (LON:UU) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

United Utilities Group PLC (LON:UU)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,281.96 and traded as high as GBX 1,392. United Utilities Group shares last traded at GBX 1,376, with a volume of 1,821,112 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada upgraded shares of United Utilities Group to a “sector perform” rating and boosted their price objective for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price objective on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,320 price objective on shares of United Utilities Group in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, United Utilities Group currently has a consensus rating of “Hold” and an average price target of GBX 1,429.57.

United Utilities Group Trading Down 1.1%

The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The firm’s 50 day simple moving average is GBX 1,346.94 and its 200-day simple moving average is GBX 1,281.96. The company has a market capitalization of £9.32 billion, a PE ratio of 73.46, a P/E/G ratio of 0.69 and a beta of 0.59.

United Utilities Group (LON:UU) last posted its earnings results on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. United Utilities Group had a net margin of 22.43% and a return on equity of 27.72%. The business had revenue of GBX 261.63 billion for the quarter. As a group, equities research analysts anticipate that United Utilities Group PLC will post 50.9730539 EPS for the current year.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.