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

United Utilities Group PLC (LON:UU) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,288.72 and traded as high as GBX 1,336. United Utilities Group shares last traded at GBX 1,324, with a volume of 918,344 shares traded.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UU. JPMorgan Chase & Co. upped their price objective on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft upped 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. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,320 price objective on shares of United Utilities Group in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada raised United Utilities Group to a “sector perform” rating and upped their price objective for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, United Utilities Group currently has an average rating of “Hold” and a consensus target price of GBX 1,429.57.

United Utilities Group Stock Performance

The stock has a market cap of £8.96 billion, a P/E ratio of 70.60, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The business has a 50 day moving average price of GBX 1,350.15 and a two-hundred day moving average price of GBX 1,288.72.

United Utilities Group (LON:UU) last posted its earnings results on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. The company 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%. On average, sell-side analysts forecast that United Utilities Group PLC will post 50.9730539 earnings per share for the current fiscal year.

About United Utilities Group

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.