Jefferies Financial Group Reiterates “Buy” Rating for United Utilities Group (LON:UU)

Jefferies Financial Group restated their buy rating on shares of United Utilities Group (LON:UU) in a research note released on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 1,230 ($15.57) price objective on the stock.

United Utilities Group Stock Performance

Shares of UU stock opened at GBX 994.40 ($12.59) on Thursday. The business’s fifty day simple moving average is GBX 1,037.29 and its 200-day simple moving average is GBX 1,043.78. The company has a market cap of £6.78 billion, a PE ratio of -19,888.00, a PEG ratio of 138.87 and a beta of 0.40. The company has a current ratio of 1.80, a quick ratio of 1.13 and a debt-to-equity ratio of 420.76. United Utilities Group has a 12-month low of GBX 896.76 ($11.35) and a 12-month high of GBX 1,139.50 ($14.42).

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.