United Utilities Group (LON:UU) Price Target Raised to GBX 1,450 at JPMorgan Chase & Co.

United Utilities Group (LON:UU) had its target price raised by JPMorgan Chase & Co. from GBX 1,300 to GBX 1,450 in a research note published on Monday, MarketBeat Ratings reports. The brokerage currently has a neutral rating on the stock.

United Utilities Group Trading Down 0.1%

Shares of UU opened at GBX 1,394 on Monday. The company has a debt-to-equity ratio of 571.15, a current ratio of 2.22 and a quick ratio of 1.13. The firm has a 50-day moving average price of GBX 1,331.56 and a 200-day moving average price of GBX 1,244.13. The stock has a market capitalization of £9.55 billion, a price-to-earnings ratio of 75.24, a P/E/G ratio of 0.69 and a beta of 0.56.

Insider Activity

In other news, insider Marina Wyatt acquired 2,400 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of GBX 1,269 per share, with a total value of £30,456. Insiders have bought a total of 2,426 shares of company stock valued at $3,079,348 over the last ninety days. Corporate insiders own 0.05% of the company’s stock.

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.