UNITED UTILITIES GROUP ORD – Consensus Indicates Potential -23.7% Downside

Broker Ratings
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UNITED UTILITIES GROUP ORD found using the EPIC (LON:UU) have now 11 analysts in total covering the company. The target price ranges between £9.50 and £7. with a mean TP of £8.09. Given that the previous closing share price was at £10.60 this would indicate that there is a downside of -23.7%. The 50 day moving average now sits at £10.24 and the 200 moving average now moves to £9.61. The market capitalisation for the company is £7b. You can visit the company’s website by visiting: http://www.unitedutilities.com

United Utilities Group 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 waste treatment, consulting, and project management services. The company operates 42,000 kilometers of water pipes; 78,000 km of wastewater pipes; 567 wastewater treatment works; and 88 water treatment works. It serves 3 million households and 200,000 business customers. United Utilities Group was incorporated in 2008 is based in Warrington, the United Kingdom.

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    United Utilities Group plc reports strong half-year results, leading in performance measures as recognized by Ofwat and the Environment Agency.
    United Utilities Group PLC (LON:UU) has reported strong operational and financial performance for the year ended 31 March 2024, meeting regulatory targets and investing in environmental improvements.
    United Utilities Group plc has maintained strong performance with no changes to financial guidance. They have provided significant customer support and ranked highly in customer satisfaction surveys. They have also been recognized for their sustainability efforts and faced challenges due to adverse weather conditions. Full year results will be announced on May 16, 2024.

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