United Utilities Group PLC (OTCMKTS:UUGRY) Receives Consensus Rating of “Moderate Buy” from Brokerages

United Utilities Group PLC (OTCMKTS:UUGRY) has been given an average recommendation of “Moderate Buy” by the eight research firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have recently issued reports on UUGRY. Citigroup downgraded shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. BNP Paribas Exane assumed coverage on shares of United Utilities Group in a research report on Monday, June 29th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Utilities Group in a research note on Monday, June 8th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of United Utilities Group in a report on Tuesday, May 5th.

United Utilities Group Price Performance

OTCMKTS:UUGRY opened at $36.33 on Tuesday. The company has a 50 day simple moving average of $35.60 and a two-hundred day simple moving average of $35.51. United Utilities Group has a fifty-two week low of $29.20 and a fifty-two week high of $40.43.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.