Shares of United Utilities Group PLC (OTCMKTS:UUGRY) have been assigned an average recommendation of “Buy” from the eleven brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have issued a buy recommendation on the company.
Several brokerages have commented on UUGRY. JPMorgan Chase & Co. restated an “overweight” rating on shares of United Utilities Group in a research note on Wednesday, April 1st. ValuEngine lowered shares of United Utilities Group from a “hold” rating to a “sell” rating in a research note on Friday, May 22nd. Royal Bank of Canada upgraded shares of United Utilities Group from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, April 7th. Goldman Sachs Group reiterated a “neutral” rating on shares of United Utilities Group in a research note on Monday, March 23rd. Finally, HSBC upgraded shares of United Utilities Group from a “reduce” rating to a “buy” rating in a research note on Wednesday, April 8th.
Shares of OTCMKTS:UUGRY traded up $0.61 during trading hours on Tuesday, hitting $22.72. The stock had a trading volume of 9,564 shares, compared to its average volume of 11,141. The stock’s fifty day simple moving average is $22.17 and its 200 day simple moving average is $23.52. United Utilities Group has a 1-year low of $17.28 and a 1-year high of $27.49. The firm has a market capitalization of $7.75 billion, a price-to-earnings ratio of 14.02 and a beta of 0.58.
About United Utilities Group
United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of consulting and project management services. The company operates 42,000 kilometers (km) of water pipes; 77,000 km of wastewater pipes; 568 wastewater treatment works; and 88 water treatment works.
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