United Utilities Group PLC (LON:UU) Receives GBX 1,431.43 Consensus Target Price from Brokerages

United Utilities Group PLC (LON:UU) has received a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,431.43.

A number of research analysts recently issued reports on UU shares. JPMorgan Chase & Co. raised their price objective on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a report on Monday, April 13th. Citigroup reduced their target price on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,320 price target on shares of United Utilities Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft raised their price target on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada raised shares of United Utilities Group to a “sector perform” rating and boosted their price objective for the stock from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th.

United Utilities Group Trading Down 0.9%

United Utilities Group stock opened at GBX 1,362 on Friday. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65. The company has a market capitalization of £9.33 billion, a P/E ratio of 73.52, a PEG ratio of 0.69 and a beta of 0.58. The company has a 50 day moving average price of GBX 1,329.40 and a 200-day moving average price of GBX 1,316.63.

United Utilities Group (LON:UU) last announced its quarterly earnings results on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. The firm had revenue of GBX 261.63 billion for the quarter. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. As a group, analysts predict that United Utilities Group will post 50.9730539 earnings per share for the current fiscal year.

Insider Buying and Selling

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of United Utilities Group stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total transaction of £320,831.96. Over the last 90 days, insiders bought 38 shares of company stock worth $51,768. 0.05% of the stock is currently owned by insiders.

United Utilities Group Company Profile

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.