United Utilities Group PLC (LON:UU) had its price objective increased by research analysts at Deutsche Bank AG from GBX 1,000 ($13.32) to GBX 1,150 ($15.32) in a report released on Tuesday, StockTargetPrices.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank AG’s price target suggests a potential upside of 17.47% from the company’s previous close.
A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,120 ($14.92) price objective on shares of United Utilities Group PLC in a research report on Wednesday, September 7th. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 990 ($13.19) target price on shares of United Utilities Group PLC in a research report on Wednesday, July 27th. HSBC reaffirmed a “hold” rating and issued a GBX 1,060 ($14.12) target price on shares of United Utilities Group PLC in a research report on Tuesday, July 5th. Societe Generale reaffirmed a “hold” rating and issued a GBX 930 ($12.39) target price on shares of United Utilities Group PLC in a research report on Friday, May 27th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of United Utilities Group PLC in a research report on Friday, May 27th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 981.19 ($13.07).
United Utilities Group PLC (LON:UU) traded down 0.10% during trading on Tuesday, hitting GBX 979.00. 3,456,583 shares of the stock traded hands. The company’s market cap is GBX 6.68 billion. The company’s 50 day moving average price is GBX 988.43 and its 200 day moving average price is GBX 963.52. United Utilities Group PLC has a 12 month low of GBX 874.86 and a 12 month high of GBX 1,065.55.
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In other United Utilities Group PLC news, insider Goligher,Alison acquired 3,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were purchased at an average price of GBX 995 ($13.25) per share, with a total value of £29,850 ($39,757.59). Also, insider Houlden,Russ acquired 37 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The shares were acquired at an average cost of GBX 975 ($12.99) per share, for a total transaction of £360.75 ($480.49).
United Utilities Group PLC Company Profile
United Utilities Group PLC provides water and sewage services. The Company through its subsidiary, United Utilities Water Limited, manages the regulated water and wastewater network in the North West of England, providing services to approximately seven million people and businesses. The Company manages around 120,000 kilometers of water pipes and sewers.
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