Analysts at Societe Generale Reconfirmed their Past ‘”Hold”’ rating on Shares United Utilities Group (LON:UU), Set a GBX 940 Target Price

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United Utilities Group (LON:UU) Rating Reaffirmed

The financial firm has just set a target price of GBX 940 on United Utilities Group (LON:UU) shares. This is -2.54% from the price per share. In a note revealed to investors and clients on Friday, 27 November, Societe Generale reaffirmed their “Hold” rating on shares of UU.

From a total of 14 analysts covering United Utilities Group PLC (LON:UU) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 5 a ”Hold”. This means that 43% of the ratings are positive. The highest target price is GBX 1100 while the lowest target price is GBX 804. The mean of all analyst targets is GBX 953.08 with a -1.59% below today’s (GBX 968.43) stock price. United Utilities Group PLC was the topic of 34 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Societe Generale maintained shares on November 27 with “Hold” rating. Morgan Stanley maintained shares with “Underwt/Cautious” rating and GBX 870 target share price in a report from a November 25. Investec maintained UU stock in a recent report from November 26 with “Sell” rating. Citigroup maintained the rating on October 29. Citigroup has a “Neutral” rating and a GBX 1049 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a November 26.

The stock increased 0.25% or GBX 2.43 on November 27, striking GBX 968.43. Approximately 1.17M shares of stock traded hands. United Utilities Group PLC (LON:UU) has risen 2.14% since May 1, 2015 and is uptrending. It has outperformed by 3.03% the S&P500.

Analysts at Societe Generale Reconfirmed their Past ‘

United Utilities Group PLC provides water and sewage services. The company has a market cap of 6.60 billion GBP. The Firm 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. It has 23.6 P/E ratio. The Firm manages around 120,000 kilometers of water pipes and sewers.

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