United Utilities Group (LON:UU) Share Price Passes Above 200 Day Moving Average – Time to Sell?

United Utilities Group PLC (LON:UU)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,295.94 and traded as high as GBX 1,300. United Utilities Group shares last traded at GBX 1,297, with a volume of 1,711,840 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on UU shares. Jefferies Financial Group reissued 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. JPMorgan Chase & Co. raised their target price on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research note on Monday, April 13th. Royal Bank Of Canada raised shares of United Utilities Group to a “sector perform” rating and raised their target price for the company from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. Citigroup lowered their target price on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, United Utilities Group has a consensus rating of “Hold” and a consensus target price of GBX 1,431.43.

United Utilities Group Stock Performance

The firm has a market capitalization of £8.88 billion, a P/E ratio of 70.01, a price-to-earnings-growth ratio of 0.69 and a beta of 0.76. The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65. The business’s 50 day simple moving average is GBX 1,340.91 and its two-hundred day simple moving average is GBX 1,295.94.

United Utilities Group (LON:UU) last issued its earnings results on Thursday, April 30th. The company reported GBX 107.10 earnings per share (EPS) for the quarter. The business had revenue of GBX 261.63 billion during the quarter. United Utilities Group had a net margin of 22.43% and a return on equity of 27.72%. Sell-side analysts anticipate that United Utilities Group PLC will post 50.9730539 EPS for the current fiscal 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.