United Utilities Group (LON:UU) Earns “Overweight” Rating from Barclays

Barclays reaffirmed their overweight rating on shares of United Utilities Group (LON:UUGet Rating) in a research report report published on Thursday morning, MarketBeat.com reports. They currently have a GBX 1,250 ($14.78) target price on the stock.

Several other research firms have also weighed in on UU. Deutsche Bank Aktiengesellschaft reduced their target price on United Utilities Group from GBX 1,080 ($12.77) to GBX 1,000 ($11.82) and set a hold rating for the company in a report on Wednesday, October 12th. Jefferies Financial Group restated a neutral rating and issued a GBX 1,230 ($14.54) target price on shares of United Utilities Group in a report on Tuesday, October 4th. Finally, Royal Bank of Canada cut their price target on United Utilities Group from GBX 1,100 ($13.01) to GBX 1,025 ($12.12) and set a sector perform rating for the company in a report on Tuesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, United Utilities Group has an average rating of Hold and an average price target of GBX 1,097.50 ($12.98).

United Utilities Group Stock Up 3.2 %

UU opened at GBX 1,086 ($12.84) on Thursday. The business has a 50 day moving average price of GBX 944.09 and a 200 day moving average price of GBX 1,026.64. United Utilities Group has a twelve month low of GBX 813.20 ($9.62) and a twelve month high of GBX 1,186.88 ($14.03). The company has a debt-to-equity ratio of 269.83, a quick ratio of 0.78 and a current ratio of 0.89. The firm has a market cap of £7.41 billion and a P/E ratio of -126.75.

United Utilities Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Thursday, December 22nd will be issued a dividend of GBX 15.17 ($0.18) per share. The ex-dividend date is Thursday, December 22nd. This represents a dividend yield of 1.47%. United Utilities Group’s dividend payout ratio (DPR) is presently -518.07%.

Insider Transactions at United Utilities Group

In other news, insider Alison Goligher bought 3,000 shares of the business’s stock in a transaction that occurred on Thursday, September 29th. The stock was acquired at an average cost of GBX 882 ($10.43) per share, for a total transaction of £26,460 ($31,287.69).

About United Utilities Group

(Get Rating)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 42,000 kilometers of water pipes; and 78,000 km of wastewater pipes.

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Analyst Recommendations for United Utilities Group (LON:UU)

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