United Utilities Group PLC (LON:UU – Get Rating) insider Steven L. Mogford sold 35,000 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of GBX 1,054 ($12.85), for a total value of £368,900 ($449,603.90).
United Utilities Group Price Performance
Shares of UU opened at GBX 1,065 ($12.98) on Friday. The stock has a market capitalization of £7.26 billion, a price-to-earnings ratio of 1,386.18, a P/E/G ratio of 138.87 and a beta of 0.43. The stock has a 50-day moving average price of GBX 1,045.21 and a 200 day moving average price of GBX 1,007.38. The company has a debt-to-equity ratio of 264.63, a quick ratio of 1.13 and a current ratio of 1.38.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Barclays reissued an “overweight” rating and set a GBX 1,250 ($15.23) price objective on shares of United Utilities Group in a report on Thursday, November 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,000 ($12.19) price objective on shares of United Utilities Group in a report on Thursday, November 24th. Finally, Royal Bank of Canada boosted their price objective on United Utilities Group from GBX 1,025 ($12.49) to GBX 1,100 ($13.41) and gave the stock a “sector perform” rating in a report on Monday, February 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 1,112 ($13.55).
About United Utilities Group
United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 42,000 kilometers of water pipes; and 78,000 km of wastewater pipes.
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