United Utilities Group PLC (UU) Rating Increased to Outperform at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of United Utilities Group PLC (LON:UU) to an outperform rating in a report published on Monday, July 31st. They currently have GBX 1,050 ($13.63) target price on the stock, up from their previous target price of GBX 1,025 ($13.31).

Several other research firms also recently commented on UU. Beaufort Securities reiterated a buy rating on shares of United Utilities Group PLC in a report on Friday, May 26th. Deutsche Bank AG cut United Utilities Group PLC to a hold rating and raised their target price for the stock from GBX 1,000 ($12.98) to GBX 1,050 ($13.63) in a research note on Tuesday, May 16th. Barclays PLC raised their target price on United Utilities Group PLC from GBX 960 ($12.46) to GBX 1,010 ($13.11) and gave the stock an equal weight rating in a research note on Monday, June 12th. HSBC Holdings plc raised their target price on United Utilities Group PLC from GBX 1,060 ($13.76) to GBX 1,070 ($13.89) and gave the stock a buy rating in a research note on Wednesday, April 26th. Finally, Credit Suisse Group cut United Utilities Group PLC to an underperform rating and cut their target price for the stock from GBX 1,000 ($12.98) to GBX 850 ($11.03) in a research note on Friday, June 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 969.09 ($12.58).

Shares of United Utilities Group PLC (LON:UU) opened at 899.50 on Monday. The firm has a 50 day moving average price of GBX 890.00 and a 200-day moving average price of GBX 959.01. The company’s market cap is GBX 6.13 billion. United Utilities Group PLC has a 52-week low of GBX 849.00 and a 52-week high of GBX 1,078.00.

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The firm also recently announced a dividend, which was paid on Friday, August 4th. Stockholders of record on Thursday, June 22nd were issued a dividend of GBX 25.92 ($0.34) per share. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a dividend yield of 2.45%.

In other news, insider Steven L. Mogford sold 44,011 shares of United Utilities Group PLC stock in a transaction that occurred on Friday, June 30th. The shares were sold at an average price of GBX 884 ($11.48), for a total transaction of £389,057.24 ($505,072.36). Also, insider Steven Fraser sold 6,917 shares of United Utilities Group PLC stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of GBX 899 ($11.67), for a total transaction of £62,183.83 ($80,726.77).

United Utilities Group PLC Company Profile

United Utilities Group PLC is a water company. The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It owns over 55,000 hectares of land around its reservoirs.

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