Credit Suisse Group Downgrades United Utilities Group PLC (UUGRY) to Underperform

United Utilities Group PLC (OTC:UUGRY) was downgraded by equities research analysts at Credit Suisse Group from an “outperform” rating to an “underperform” rating in a research report issued to clients and investors on Friday, June 30th, reports.

Separately, Investec cut United Utilities Group PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th.

United Utilities Group PLC (UUGRY) traded down 0.60% during midday trading on Friday, reaching $23.25. 24,453 shares of the company traded hands. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 14.13 and a beta of 0.73. The firm has a 50-day moving average price of $23.64 and a 200-day moving average price of $24.67. United Utilities Group PLC has a one year low of $21.26 and a one year high of $27.88.

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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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