United Utilities Group (OTCMKTS:UUGRY) Cut to Hold at Kepler Capital Markets

Kepler Capital Markets lowered shares of United Utilities Group (OTCMKTS:UUGRY) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of United Utilities Group in a research note on Monday, November 3rd. Zacks Research downgraded United Utilities Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Up 0.6%

Shares of OTCMKTS UUGRY opened at $37.53 on Wednesday. The firm has a fifty day simple moving average of $34.03 and a two-hundred day simple moving average of $32.28. United Utilities Group has a 12 month low of $24.10 and a 12 month high of $37.83. The company has a debt-to-equity ratio of 5.50, a quick ratio of 2.21 and a current ratio of 2.22.

United Utilities Group Company Profile

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.