The stock of United Utilities Group PLC (LON:UU) hit a new 52-week low and has GBX 795.50 target or 9.00% below today’s GBX 874.18 share price. The 7 months bearish chart indicates high risk for the GBX 5.67 billion company. The 1-year low was reported on Nov, 11 by Barchart.com. If the GBX 795.50 price target is reached, the company will be worth GBX 510.30 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 1.00% or GBX 8.68 on November 11, hitting GBX 874.18. About 3.23M shares traded hands or 43.56% up from the average. United Utilities Group PLC (LON:UU) has declined 8.53% since April 14, 2016 and is downtrending. It has underperformed by 14.68% the S&P500.
United Utilities Group PLC (LON:UU) Ratings Coverage
Out of 18 analysts covering United Utilities Group PLC (LON:UU), 8 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 44% are positive. United Utilities Group PLC has been the topic of 87 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of United Utilities Group PLC (LON:UU) has “Buy” rating given on Tuesday, September 8 by Societe Generale. Bernstein maintained United Utilities Group PLC (LON:UU) rating on Thursday, October 8. Bernstein has “Outperform” rating and GBX 1050 price target. As per Wednesday, October 19, the company rating was upgraded by Investec. BNP Paribas maintained the shares of UU in a report on Tuesday, November 17 with “Neutral” rating. The firm has “Buy” rating given on Wednesday, September 28 by Beaufort Securities. JP Morgan maintained United Utilities Group PLC (LON:UU) on Friday, July 22 with “Overweight” rating. Jefferies maintained United Utilities Group PLC (LON:UU) rating on Thursday, September 22. Jefferies has “Hold” rating and GBX 940 price target. As per Thursday, January 7, the company rating was maintained by Goldman Sachs. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 28. JP Morgan maintained United Utilities Group PLC (LON:UU) rating on Monday, January 11. JP Morgan has “Overweight” rating and GBX 2210 price target.
More recent United Utilities Group PLC (LON:UU) news were published by: Fool.Co.Uk which released: “SSE plc and United Utilities Group plc are still great investments!” on May 18, 2016. Also Fool.Co.Uk published the news titled: “3 Stocks For Your ISA? SSE plc, United Utilities Group plc & Pearson plc” on April 01, 2016. Fool.Co.Uk‘s news article titled: “Can Severn Trent plc, Pennon Group plc and United Utilities Group plc provide …” with publication date: May 27, 2016 was also an interesting one.
United Utilities Group PLC is a water company. The company has a market cap of 5.67 billion GBP. The Company, through its subsidiary, United Utilities Water Limited , manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. It has a 15.02 P/E ratio. It owns over 55,000 hectares of land around its reservoirs.
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