United Utilities Group PLC (LON:UU) Given Average Recommendation of “Hold” by Brokerages

United Utilities Group PLC (LON:UU) has been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,429.57.

Several research analysts have weighed in on UU shares. JPMorgan Chase & Co. boosted their price target on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft boosted their target price on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada raised United Utilities Group to a “sector perform” rating and boosted their target price for the stock from GBX 1,450 to GBX 1,550 in a report on Tuesday, May 5th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 1,320 target price on shares of United Utilities Group in a report on Thursday, April 30th.

United Utilities Group Stock Down 0.2%

LON:UU opened at GBX 1,344 on Friday. The firm has a market cap of £9.21 billion, a price-to-earnings ratio of 72.55, a price-to-earnings-growth ratio of 0.69 and a beta of 0.59. The business’s fifty day moving average is GBX 1,346.61 and its 200 day moving average is GBX 1,283.39. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13.

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

United Utilities Group Company Profile

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.