Jefferies Financial Group Issues Positive Forecast for United Utilities Group (LON:UU) Stock Price

United Utilities Group (LON:UU) had its target price upped by analysts at Jefferies Financial Group from GBX 1,320 to GBX 1,350 in a report released on Monday,London Stock Exchange reports. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target suggests a potential downside of 2.39% from the company’s current price.

A number of other analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price 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. Royal Bank Of Canada upgraded shares of United Utilities Group to a “sector perform” rating and increased their price target for the company from GBX 1,450 to GBX 1,550 in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price target on shares of 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. Finally, Citigroup lowered their price objective 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. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, United Utilities Group presently has a consensus rating of “Hold” and a consensus price target of GBX 1,435.71.

United Utilities Group Stock Up 0.2%

LON UU opened at GBX 1,383 on Monday. 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 company’s fifty day moving average price is GBX 1,333.50 and its 200-day moving average price is GBX 1,325.40. The stock has a market capitalization of £9.47 billion, a P/E ratio of 74.65, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58.

United Utilities Group (LON:UU) last posted its quarterly earnings data on Thursday, April 30th. The company reported GBX 107.10 earnings per share (EPS) for the quarter. The firm 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%. On average, equities analysts expect that United Utilities Group will post 50.9730539 earnings per share for the current fiscal year.

Insider Buying and Selling at United Utilities Group

In other news, insider Phil Aspin sold 24,566 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total transaction of £320,831.96. Insiders purchased a total of 38 shares of company stock worth $51,768 over the last ninety days. Corporate insiders own 0.05% of the company’s stock.

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.