United Utilities Group PLC (LON:UU)’s share price dropped 0% during mid-day trading on Tuesday . The company traded as low as GBX 663.40 ($9.17) and last traded at GBX 663.60 ($9.17). Approximately 2,934,360 shares were traded during trading, an increase of 13% from the average daily volume of 2,600,000 shares. The stock had previously closed at GBX 663.60 ($9.17).
UU has been the subject of a number of analyst reports. Credit Suisse Group reiterated an “underperform” rating and set a GBX 850 ($11.74) price target on shares of United Utilities Group in a research note on Thursday, November 2nd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,070 ($14.78) target price on shares of United Utilities Group in a research report on Thursday, October 26th. HSBC cut shares of United Utilities Group to a “hold” rating and dropped their target price for the stock from GBX 1,000 ($13.82) to GBX 900 ($12.43) in a research report on Friday, November 17th. Deutsche Bank reissued a “hold” rating and set a GBX 930 ($12.85) target price on shares of United Utilities Group in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a GBX 778 ($10.75) target price on shares of United Utilities Group in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 927.10 ($12.81).
The stock has a market capitalization of $4,530.00 and a price-to-earnings ratio of 1,053.33.
In related news, insider Paulette Rowe purchased 3,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were bought at an average price of GBX 770 ($10.64) per share, with a total value of £23,100 ($31,914.89). Also, insider Steven L. Mogford sold 217,500 shares of United Utilities Group stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of GBX 801 ($11.07), for a total transaction of £1,742,175 ($2,406,983.97). Insiders sold a total of 226,743 shares of company stock worth $181,743,930 in the last ninety days.
ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.chaffeybreeze.com/2018/02/13/united-utilities-group-uu-trading-down-0-2.html.
United Utilities Group 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.
Receive News & Ratings for United Utilities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Utilities Group and related companies with MarketBeat.com's FREE daily email newsletter.