Utilitywise PLC (LON:UTW) had its price target reduced by research analysts at FinnCap from GBX 150 ($1.95) to GBX 75 ($0.98) in a report issued on Monday, July 31st. The firm currently has a “corporate” rating on the stock. FinnCap’s target price points to a potential upside of 19.05% from the company’s previous close.
Several other research analysts also recently commented on the stock. Liberum Capital decreased their target price on shares of Utilitywise PLC from GBX 228 ($2.97) to GBX 206 ($2.68) and set a “buy” rating on the stock in a research note on Thursday, June 29th. Macquarie upgraded shares of Utilitywise PLC to an “outperform” rating and set a GBX 185 ($2.41) price target on the stock in a report on Monday, April 10th. Canaccord Genuity cut their price target on shares of Utilitywise PLC from GBX 225 ($2.93) to GBX 120 ($1.56) and set a “buy” rating on the stock in a report on Friday, June 30th. Shore Capital reiterated an “under review” rating on shares of Utilitywise PLC in a report on Thursday, June 29th. Finally, Panmure Gordon reiterated a “hold” rating and issued a GBX 140 ($1.82) price target on shares of Utilitywise PLC in a report on Tuesday, April 4th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 110 ($1.43).
Shares of Utilitywise PLC (LON:UTW) opened at 63.00 on Monday. Utilitywise PLC has a 1-year low of GBX 33.50 and a 1-year high of GBX 202.50. The stock has a 50 day moving average of GBX 70.56 and a 200-day moving average of GBX 131.40. The company’s market capitalization is GBX 49.02 million.
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About Utilitywise PLC
Utilitywise plc is a United Kingdom-based business energy and water consultancy. The principal activity of the Company is of an intermediary for energy supplies to the commercial market. Its operating segments include Enterprise and Corporate. The Enterprise segment is engaged in energy procurement by negotiating rates with energy suppliers for small and medium-sized business customers throughout the United Kingdom, the Republic of Ireland and certain European markets.
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