Today Investec Reconfirms a Sell Rating on United Utilities Group (LON:UU) and a GBX 870 Target Price


United Utilities Group (LON:UU) Rating Reaffirmed

Stock analysts at Investec now has a GBX 870 Estimated Target Price on United Utilities Group (LON:UU). Investec and their recent Estimated Target Price suggests a potential downside of -9.09% from the company’s previous close. The rating has been announced in recent note on Friday, 4 December.

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 -0.37% below today’s (GBX 955.94) stock price. United Utilities Group PLC was the topic of 35 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Sell” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1000 target share price in a report from a November 26. JP Morgan maintained UU stock in a recent report from November 26 with “Overweight” rating. Morgan Stanley maintained the rating on November 25. Morgan Stanley has a “Underwt/Cautious” rating and a GBX 870 price target on shares. Finally, BNP Paribas maintained the stock with “Neutral” rating in a report issued on a November 26.

Approximately 225,067 shares of stock traded hands. United Utilities Group PLC (LON:UU) has risen 1.05% since May 7, 2015 and is uptrending. It has outperformed by 3.83% the S&P500.

Today Investec Reconfirms a Sell Rating on United Utilities Group (LON:UU) and a GBX 870 Target Price

United Utilities Group PLC provides water and sewage services. The company has a market cap of 6.52 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 23.29 P/E ratio. The Firm manages around 120,000 kilometers of water pipes and sewers.