United Utilities Group’s (UU) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.

United Utilities Group (LON:UU)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a report issued on Friday, Marketbeat Ratings reports.

Several other analysts also recently weighed in on UU. Jefferies Financial Group restated a “buy” rating and set a GBX 1,230 ($15.56) target price on shares of United Utilities Group in a research note on Tuesday, May 21st. Morgan Stanley restated an “overweight” rating on shares of United Utilities Group in a research note on Tuesday, May 14th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,246.67 ($15.77).

United Utilities Group Price Performance

UU opened at GBX 990.80 ($12.53) on Friday. United Utilities Group has a twelve month low of GBX 896.76 ($11.34) and a twelve month high of GBX 1,139.50 ($14.41). The firm has a market cap of £6.76 billion, a price-to-earnings ratio of 5,214.74, a PEG ratio of 138.87 and a beta of 0.39. The company has a current ratio of 1.80, a quick ratio of 1.13 and a debt-to-equity ratio of 420.76. The company has a fifty day simple moving average of GBX 1,034.21 and a 200 day simple moving average of GBX 1,039.22.

Insider Activity

In other news, insider Clare Hayward purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average cost of GBX 980 ($12.40) per share, for a total transaction of £29,400 ($37,186.95). In other news, insider Clare Hayward acquired 3,000 shares of United Utilities Group stock in a transaction that occurred on Tuesday, May 28th. The shares were purchased at an average cost of GBX 980 ($12.40) per share, for a total transaction of £29,400 ($37,186.95). Also, insider Louise Beardmore sold 4,197 shares of United Utilities Group stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of GBX 1,017 ($12.86), for a total transaction of £42,683.49 ($53,988.73). In the last 90 days, insiders have purchased 3,035 shares of company stock worth $2,976,757. 0.04% of the stock is currently owned by corporate insiders.

United Utilities Group Company Profile

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes.