United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) shares saw strong trading volume on Friday . 16,477 shares traded hands during mid-day trading, a decline of 28% from the previous session’s volume of 22,746 shares.The stock last traded at $34.50 and had previously closed at $37.44.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Citigroup downgraded shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada restated a “sector perform” rating on shares of United Utilities Group in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of United Utilities Group in a research report on Tuesday, May 5th. Kepler Capital Markets downgraded shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Finally, Zacks Research downgraded shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
View Our Latest Research Report on UUGRY
United Utilities Group Price Performance
About United Utilities Group
United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.
In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.
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