United Utilities Group PLC (UU) Receives Consensus Recommendation of “Hold” from Analysts
United Utilities Group PLC (LON:UU) has been given an average rating of “Hold” by the ten research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 935.38 ($12.59).
Several analysts have recently commented on the company. J P Morgan Chase & Co decreased their target price on United Utilities Group from GBX 1,070 ($14.40) to GBX 1,000 ($13.46) and set an “overweight” rating for the company in a research report on Thursday. Deutsche Bank raised United Utilities Group to a “buy” rating and decreased their target price for the stock from GBX 930 ($12.52) to GBX 870 ($11.71) in a research report on Wednesday. Macquarie decreased their target price on United Utilities Group from GBX 1,040 ($14.00) to GBX 963 ($12.96) and set a “neutral” rating for the company in a research report on Thursday, August 31st. Barclays reaffirmed an “equal weight” rating on shares of United Utilities Group in a research report on Tuesday, November 14th. Finally, Credit Suisse Group reiterated an “underperform” rating and set a GBX 850 ($11.44) price objective on shares of United Utilities Group in a report on Thursday, November 2nd.
United Utilities Group (LON UU) traded up GBX 1.19 ($0.02) on Thursday, hitting GBX 816.47 ($10.99). The stock had a trading volume of 1,576,869 shares, compared to its average volume of 2,440,000. United Utilities Group has a 1-year low of GBX 764.50 ($10.29) and a 1-year high of GBX 1,078 ($14.51).
The business also recently disclosed a dividend, which will be paid on Thursday, February 1st. Shareholders of record on Thursday, December 21st will be issued a dividend of GBX 13.24 ($0.18) per share. This represents a yield of 1.68%. The ex-dividend date is Thursday, December 21st.
United Utilities Group Company Profile
United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.
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