United Utilities Group

United Utilities Group is a water company. Through its subsidiary, United Utilities Water Limited, Co. provides water and wastewater services to peoples in the North West of England.
  • TickerUU.
  • ISINGB00B39J2M42
  • ExchangeLondon Stock Exchange
  • SectorGas, Water & Multi-utilities
  • CountryUnited Kingdom

Analysts

Philip Morrish

Value Indicator - UK Utilities 22072019

Currently '(TM)Value Indicator - UK Utilities' is a valuke analysis of the Telecoms and Utilities sectors of the quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 22052019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Expert Corporate Governance Service (ECGS)

United Utilities, 26 July 2019

Item 3: Approve the Remuneration Report The structure is weighted more heavily towards short-term performance. One of the performance metrics for the LTI is the payment of sustainable dividends, which is not considered appropriate as executives can potentially influence the payout level. The LTI also includes relative TSR as a performance metric. Nevertheless, the quantum is not excessive and even maximum potential amounts are moderate. On balance, we recommend shareholders vote in favor. Item 4: Approve the Remuneration PolicyThe main concern with the Company's remuneration policy is that pa...

Philip Morrish

Value Indicator - UK Utilities 15072019

Currently '(TM) Value Indicator - Utilities' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 15052019

Curretly ' (TM) Value Indicaotro - Uk main market ' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Tancrede Fulop

Morningstar | United Utilities Releases Full-Year Results in Line With Expectations; Shares Overvalued

We are reaffirming our GBX 700 per share fair value estimate for United Utilities Group, along with our no-moat and stable trend ratings, after management reported underlying 2019 fiscal year results roughly in line with expectations. The company increased the annual dividend per ordinary share by 3.9% to GBX 41.28, in line with our and consensus' expectations, and with management's policy of increasing the dividend in line with the U.K. retail price index. We expect allowed returns to be hit by the new regulatory regime starting in 2020. Shares are overvalued. The group's underlying 2019 fis...

Tancrede Fulop

United Utilities Releases Full-Year Results in Line With Expectations; Shares Overvalued

We are reaffirming our GBX 700 per share fair value estimate for United Utilities Group, along with our no-moat and stable trend ratings, after management reported underlying 2019 fiscal-year operating profit of GBX 685 million, up 6%, but above our GBX 662 million estimate. The company increased the annual dividend per ordinary share by 3.9% to GBX 41.28, in line with our and consensus' expectations, and with management's policy of increasing the dividend in line with the U.K. retail price inde...

Tancrede Fulop

Morningstar | United Utilities to Be Hit by Cut in Regulatory Returns

Much of Britain's water infrastructure is more than 200 years old and could require major upgrades during the next decade. We project that United Utilities, which is one of 11 U.K. water utilities, will invest roughly GBP 500 million annually during the next five years in its water and wastewater system to address those needs. Regulators in Britain approve capital budgets and utility rates once every five years based on utility budget forecasts. Utilities must stay within that budget to achieve sufficient earned rates of return. Recently, the U.K. water regulator cut United Utilities' allowed ...

Tancrede Fulop

United Utilities to Be Hit by Cut in Regulatory Returns

We reaffirm our GBX 700 fair value estimate, along with our no-moat and stable trend ratings, after United Utilities said current trading is in line with its expectations in its trading statement for the first nine months of its 2018-19 fiscal year. Shares are overvalued. The group guides for 2018/19 underlying operating profit are higher than 2017, which is largely within reach after 23% growth in the first half. We are expecting to slightly increase our 4% growth estimate in underlying profit....

Tancrede Fulop

Morningstar | United Utilities on Track to Meet Full-Year Expectations; Shares Overvalued

We reaffirm our GBX 700 fair value estimate, along with our no-moat and stable trend ratings, after United Utilities said current trading is in line with its expectations in its trading statement for the first nine months of its 2018-19 fiscal year. Shares are overvalued. The group guides for 2018/19 underlying operating profit are higher than 2017, which is largely within reach after 23% growth in the first half. We are expecting to slightly increase our 4% growth estimate in underlying profit. Because of lower inflation, compared with 2018, the group's index-linked debt is lower than 2018, ...

1 director sold after exercising options/sold

A director at United Utilities Group sold after exercising options/sold 99,075 shares at 821p and the significance rating of the trade was 81/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under li...

Philip Morrish

Value Indicator - UK Utilities 22072019

Currently '(TM)Value Indicator - UK Utilities' is a valuke analysis of the Telecoms and Utilities sectors of the quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 22052019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 15072019

Currently '(TM) Value Indicator - Utilities' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 15052019

Curretly ' (TM) Value Indicaotro - Uk main market ' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 08072019

Currently '(TM)Value Indicator - UK Utilties' is a value analysis of the Telecoms and Utilties sectors of companies listed on the London Stock Exchange's main marjet that provides the reader with indicative longer-term target prices.

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

MarketLine Department

United Utilities Group PLC - Strategy, SWOT and Corporate Finance Report

Synopsis United Utilities Group PLC - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Summary - Detailed information on United Utilities Group PLC required for business and competitor intelligence needs - A study of the major internal and external factors affecting United Utilities Group PLC in the form of a SWOT analysis - An in-depth view of the business model of United Utilit...

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

ValuEngine Sector Report for Utilities

Expert Corporate Governance Service (ECGS)

United Utilities, 26 July 2019

Item 3: Approve the Remuneration Report The structure is weighted more heavily towards short-term performance. One of the performance metrics for the LTI is the payment of sustainable dividends, which is not considered appropriate as executives can potentially influence the payout level. The LTI also includes relative TSR as a performance metric. Nevertheless, the quantum is not excessive and even maximum potential amounts are moderate. On balance, we recommend shareholders vote in favor. Item 4: Approve the Remuneration PolicyThe main concern with the Company's remuneration policy is that pa...

United Utilities – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

United Utilities Group - Proxy report- 27/07/2018

Item 3: Approve the Remuneration Report Structure is weighted more heavily towards short-term performance. Furthermore, the LTI is linked with dividend payments, which is not considered appropriate as executives can potentially influence the payout level. However, the quantum is not excessive and even maximum potential amounts are moderate. The LTI includes relative TSR as a performance metric. Items 14 and 15: Re-appoint KPMG and authorise the Board to approve their remuneration Non-audit fees are considered excessive on a three year aggregate basis and may undermine auditor independence.

Expert Corporate Governance Service (ECGS)

Etude l' AG du 28/07/2017

Item 3: Approve the remuneration report. There are concerns over the structure of remuneration.  However, the quantum is not excessive and even maximum potential amounts are moderate.  The LTI includes relative TSR as a performance metric and performance metrics are considered sufficiently challenging. Item 4: Approve the remuneration policy. The changes proposed to the Remuneration Policy strengthen the alignment between pay and performance as they pivot variable compensation more towards long-term performance and do not increase the total quantum beyond the limits set out in our guidelines. ...

Jérôme VINERIER

Analyse court terme - UNITED UTILITIES PLC : La tendance est haussière.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 755,20 p puis 798,30 p. La rupture de 631,00 p mettrait la tendance en danger.

Jérôme VINERIER

Short term view - UNITED UTILITIES PLC : The trend is bullish.

The trend is bullish. Prices are making further progress. The targets are at 755.20 p and then 798.30 p. The break of 631.00 p would endanger the trend.

Jérôme VINERIER

Short term view - UNITED UTILITIES PLC : The trend is bullish.

The trend is bullish. Prices are making further progress. The targets are at 755.20 p and then 798.30 p. The break of 631.00 p would endanger the trend.

Jérôme VINERIER

Analyse court terme - UNITED UTILITIES PLC : La tendance est haussière.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 755,20 p puis 798,30 p. La rupture de 631,00 p mettrait la tendance en danger.

Jérôme VINERIER

Medium term view - UNITED UTILITIES PLC : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at 658.38 p, then 615.81 p. Passing 805.93 p would question the continuation of the fall.

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