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

Shares of United Utilities Group PLC (LON:UU) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,431.43.

A number of equities research analysts recently commented on UU shares. Royal Bank Of Canada upgraded 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 research report on Tuesday, May 5th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,320 price target on shares of United Utilities Group in a report on Thursday, April 30th. JPMorgan Chase & Co. increased their price target on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft increased their price objective on 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. Finally, Citigroup cut their target price on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th.

United Utilities Group Stock Performance

Shares of LON:UU opened at GBX 1,297 on Wednesday. The stock has a market capitalization of £8.88 billion, a PE ratio of 70.01, a price-to-earnings-growth ratio of 0.69 and a beta of 0.76. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13. The stock has a 50-day moving average price of GBX 1,340.91 and a 200-day moving average price of GBX 1,295.94.

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