United Utilities Group PLC (LON:UU) Rating Reaffirmed
In a recent research report distributed on Friday morning, The “Underweight” rating of United Utilities Group PLC (LON:UU) shares was kept steady at Morgan Stanley, who now has a GBX 870.00 TP on the stock. Morgan Stanley’s TP could mean a possible downside of -7.38% from the previous stock close of the company.
From a total of 14 analysts covering United Utilities Group PLC (LON:UU) stock, 5 rate it a ”Buy”, 3 a “Sell”, and 7 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is GBX 1060 while the lowest target price is GBX 870. The mean of all analyst targets is GBX 977.07 with a 1.40% above today’s (GBX 939.28) stock price. United Utilities Group PLC was the topic of 37 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 7 with “Outperform” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 900 target share price in a report from a November 26. AlphaValue maintained UU stock in a recent report from December 3 with “Sell” rating. Deutsche Bank maintained the rating on November 26. Deutsche Bank has a “Buy” rating and a GBX 1000 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 26.
The stock decreased 0.55% or GBX 5.22 on December 10, striking GBX 939.28. Approximately 1.37 million shares of stock traded hands. United Utilities Group PLC (LON:UU) has declined 5.26% since May 14, 2015 and is downtrending. It has underperformed by 3.33% the S&P500.
United Utilities Group PLC provides water and sewage services. The company has a market cap of 6.41 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 22.89 P/E ratio. The Firm manages around 120,000 kilometers of water pipes and sewers.