United Utilities Group (LON:UU) PT Raised to GBX 1,025 at Royal Bank of Canada

United Utilities Group (LON:UU) had its target price raised by Royal Bank of Canada from GBX 850 ($11.18) to GBX 1,025 ($13.48) in a report released on Friday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock.

UU has been the subject of a number of other reports. Credit Suisse Group restated an outperform rating on shares of United Utilities Group in a report on Monday, October 14th. HSBC lowered shares of United Utilities Group to a reduce rating and lowered their price objective for the stock from GBX 860 ($11.31) to GBX 760 ($10.00) in a report on Friday, November 8th. Barclays upgraded shares of United Utilities Group to an overweight rating and boosted their price objective for the stock from GBX 940 ($12.37) to GBX 960 ($12.63) in a report on Friday, December 13th. Deutsche Bank boosted their price objective on shares of United Utilities Group from GBX 850 ($11.18) to GBX 950 ($12.50) and gave the stock a buy rating in a report on Monday, December 16th. Finally, Goldman Sachs Group upped their price target on shares of United Utilities Group from GBX 815 ($10.72) to GBX 868 ($11.42) and gave the company a neutral rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 888.30 ($11.69).

Shares of UU opened at GBX 1,009 ($13.27) on Friday. The firm has a market cap of $6.88 billion and a price-to-earnings ratio of 22.27. The company has a debt-to-equity ratio of 279.02, a quick ratio of 0.84 and a current ratio of 0.94. United Utilities Group has a fifty-two week low of GBX 744.20 ($9.79) and a fifty-two week high of GBX 989 ($13.01). The firm has a 50 day moving average price of GBX 934.11 and a 200-day moving average price of GBX 844.77.

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, December 19th will be issued a dividend of GBX 14.20 ($0.19) per share. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 1.63%. United Utilities Group’s dividend payout ratio is currently 0.93%.

In related news, insider Russ Houlden sold 5,000 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of GBX 867 ($11.40), for a total transaction of £43,350 ($57,024.47).

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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Analyst Recommendations for United Utilities Group (LON:UU)

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