Jefferies Financial Group upgraded shares of United Utilities Group (OTCMKTS:UUGRY) from an underperform rating to a buy rating in a research report sent to investors on Tuesday morning, The Fly reports.
Separately, Barclays raised shares of United Utilities Group from an equal weight rating to an overweight rating in a research note on Friday, December 13th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Buy.
OTCMKTS:UUGRY opened at $26.34 on Tuesday. The company’s 50-day moving average price is $25.61 and its 200-day moving average price is $22.28. The company has a market cap of $8.75 billion, a P/E ratio of 18.04 and a beta of 0.56. United Utilities Group has a twelve month low of $18.26 and a twelve month high of $27.05.
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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