United Utilities Group PLC Share Price Performance
United Utilities Group PLC has experienced a significant increase in share value over the past five years. The company’s stock price has risen by 21.1% since then, outperforming the market average.
Recent Market Developments
Morgan Stanley has recently boosted its price target for United Utilities, indicating a positive outlook for the company. However, market sentiment has been affected by Moody’s downgrade of the US credit rating, leading to a decline in London stock prices.
Company Valuation and Performance
As of the latest available data, United Utilities’ market value stands at over £7.65 billion, reflecting the company’s solid performance in providing water and wastewater services. The company’s involvement in renewable energy and other sectors has also contributed to its strong market position.
Key Statistics
- Share price increase over the past five years: 21.1%
- Current market value: over £7.65 billion
- Recent price target boost: Morgan Stanley