Deutsche Bank downgrades United Utilities as it breaches price target
25th Mar 2019 09:26
(Sharecast News) - Deutsche Bank downgraded its stance on shares of United Utilities to 'hold' from 'buy' as they have risen above its 850p price target.
Read moreMonday broker round-up
25th Mar 2019 08:26
(Sharecast News) - Wood Group: Jefferies downgrades to underperform with a target price of 480p.
Read moreOfwat fast-tracks plans from United Utilities, Severn Trent, Pennon
31st Jan 2019 08:31
(Sharecast News) - United Utilities, Severn Trent and Pennon's South West Water have all been given fast-track status by the regulator for their 2020-25 business plans.
Read moreNational Grid the pick of utilities sector, reckons Barclays
30th Jan 2019 15:28
(Sharecast News) - National Grid looks the most attractive of the utilities stocks listed in London, said Barclays as it initiated coverage on the sector with the view that water companies are "fair value".
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreUnited Utilities upbeat on performance ahead of AMP7
21st Nov 2018 07:28
(Sharecast News) - United Utilities reported a "strong" financial performance in its half-year results to 30 September on Wednesday, with an underlying operating profit rising to £367.8m from £344m, and a reported operating profit of £339.1m, up from £341.8m.
Read moreUnited Utilities invests £80m to cope with dry summer
28th Sep 2018 07:18
(Sharecast News) - United Utilities said it had increased revenue in the first half of the year but statutory profits will take a hit from extra investment to cope with the long, hot summer.
Read moreUnited Utilities to give more detail on its plans for AMP7
27th Sep 2018 07:22
(Sharecast News) - United Utilities was set to update investors and analysts on some of the key themes of its business plan for the 2020-2025 regulatory period, AMP7, on Thursday, having submitted its plan for AMP7 on 3 September.
Read moreLabour pledges to set up publicly-owned water services run by workers
24th Sep 2018 15:20
(Sharecast News) - The Labour party has pledged to "turn off the tap" that sells-off utilities for private profit and to set up publicly-owned transparent water companies run by local councils, workers and customers.
Read moreUtilities rally as in-line Ofgem price cap provides clarity
6th Sep 2018 10:18
(Sharecast News) - London-listed utilities rallied on Thursday as investors breathed a sigh of relief after Ofgem's proposed price cap came in in line with expectations, ending uncertainty for the sector.
Read moreUnited Utilities Water looking at 15pc reduction in bills
3rd Sep 2018 07:31
(Sharecast News) - United Utilities Water submitted its business plan to Ofwat covering the 2020-25 period on Monday, reporting that it was planning for a 10.5% reduction in real terms in average bills between 2020 and 2025.
Read moreDownside for United Utilities now limited even if nationalised, Citi says
29th Aug 2018 10:54
(Sharecast News) - Analysts at Citi sounded a 'bullish' note on three of the UK's listed utilities, telling clients the trio's improved fundamentals were starting to show through, despite the heightened political uncertainty in the UK.
Read moreOfwat's rethink is good news for water companies, HSBC says
28th Aug 2018 10:09
(Sharecast News) - The water regulator's August position paper took a step back from an earlier more prescriptive stance, relieving concerns about Pennon, Severn Trent and United Utilities, HSBC said.
Read moreUnited Utilities interim profits hit by financing charges
23rd Nov 2016 07:03
(ShareCast News) - Underlying interim pre-tax profits at United Utilities fell £16m to £189m, as a £4m increase in underlying operating profit was more than offset by a £19m increase in underlying net finance expense. United said the increase in underlying net finance expense was mainly due to the i
Read moreLondon close: Miners propel FTSE 100 higher as industrial metals surge
22nd Nov 2016 16:34
(ShareCast News) - London equities ended Tuesday on a sharply higher note with major miners storming ahead in tandem with soaring industrial metals prices, and followed by a string of banks and insurers. US interest rate-touch utilities were firmly higher, too. FTSE 100 closed the session up 0.62%
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