United Utilities Group (UU) Stock Rating Reaffirmed by Deutsche Bank
UU has been the subject of a number of other research reports. Barclays reiterated an equal weight rating on shares of United Utilities Group in a research note on Tuesday, November 14th. HSBC cut shares of United Utilities Group to a hold rating and cut their target price for the company from GBX 1,000 ($13.56) to GBX 900 ($12.21) in a research note on Friday, November 17th. Credit Suisse Group upgraded shares of United Utilities Group to a neutral rating and set a GBX 850 ($11.53) target price for the company in a research note on Friday, January 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of United Utilities Group from GBX 1,070 ($14.51) to GBX 1,000 ($13.56) and set an overweight rating for the company in a research note on Thursday, December 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. United Utilities Group currently has an average rating of Hold and a consensus target price of GBX 943.67 ($12.80).
United Utilities Group (UU) opened at GBX 761 ($10.32) on Friday. The company has a market cap of $5,190.00 and a PE ratio of 1,207.94. United Utilities Group has a one year low of GBX 760.44 ($10.31) and a one year high of GBX 1,078 ($14.62).
The business also recently declared a dividend, which will be paid on Thursday, February 1st. Investors of record on Thursday, December 21st will be issued a GBX 13.24 ($0.18) dividend. This represents a dividend yield of 1.68%. The ex-dividend date is Thursday, December 21st.
In related news, insider Paulette Rowe purchased 3,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was acquired at an average price of GBX 770 ($10.44) per share, with a total value of £23,100 ($31,326.28). Also, insider Steven L. Mogford sold 217,500 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of GBX 801 ($10.86), for a total transaction of £1,742,175 ($2,362,591.54). In the last three months, insiders sold 226,743 shares of company stock valued at $181,743,930.
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United Utilities Group Company Profile
United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.
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