United Utilities Group (LON:UU) Price Target Raised to GBX 1,350

United Utilities Group (LON:UU) had its price target raised by Jefferies Financial Group from GBX 1,320 to GBX 1,350 in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

Several other research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of United Utilities Group from GBX 1,450 to GBX 1,550 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada raised shares of United Utilities Group to a “sector perform” rating and lifted their target price for the company from GBX 1,450 to GBX 1,550 in a research note on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price target on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, Citigroup decreased their price target on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 1,435.71.

United Utilities Group Stock Up 0.8%

Shares of UU stock opened at GBX 1,417 on Monday. The stock has a market capitalization of £9.71 billion, a price-to-earnings ratio of 76.49, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The business has a 50 day simple moving average of GBX 1,335.30 and a two-hundred day simple moving average of GBX 1,329.49. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13.

Insider Activity at United Utilities Group

In other news, insider Phil Aspin sold 24,566 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of GBX 1,306, for a total transaction of £320,831.96. In the last quarter, insiders have acquired 38 shares of company stock worth $51,768. Insiders own 0.05% of the company’s stock.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.