United Utilities Group (LON:UU) Earns “Neutral” Rating from UBS Group

United Utilities Group (LON:UU)‘s stock had its “neutral” rating reissued by UBS Group in a note issued to investors on Friday, Marketbeat reports. They currently have a GBX 1,275 price target on the stock. UBS Group’s price objective suggests a potential upside of 4.98% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. Barclays upgraded shares of United Utilities Group to an “overweight” rating and increased their target price for the stock from GBX 1,280 to GBX 1,535 in a report on Wednesday, August 20th. Citigroup increased their target price on shares of United Utilities Group from GBX 1,261 to GBX 1,327 and gave the company a “buy” rating in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,379.

United Utilities Group Price Performance

Shares of LON UU opened at GBX 1,214.50 on Friday. The company has a debt-to-equity ratio of 551.89, a current ratio of 1.79 and a quick ratio of 1.13. The firm has a market cap of £8.32 billion, a P/E ratio of 65.56, a P/E/G ratio of 0.69 and a beta of 0.41. The business’s 50-day moving average price is GBX 1,160.93 and its 200 day moving average price is GBX 1,142.63.

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.