Utilitywise PLC (UTW) Receives GBX 160.20 Consensus PT from Brokerages

Utilitywise PLC (LON:UTW) has received an average rating of “Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 110 ($1.43).

Several brokerages have recently commented on UTW. Macquarie lowered their price objective on Utilitywise PLC from GBX 185 ($2.41) to GBX 130 ($1.69) and set an “outperform” rating for the company in a research note on Thursday, August 3rd. Canaccord Genuity reduced their target price on Utilitywise PLC from GBX 120 ($1.56) to GBX 100 ($1.30) and set a “buy” rating for the company in a report on Tuesday, August 1st. Shore Capital reaffirmed a “buy” rating on shares of Utilitywise PLC in a report on Monday, July 31st. FinnCap reduced their target price on Utilitywise PLC from GBX 150 ($1.95) to GBX 75 ($0.98) and set a “corporate” rating for the company in a report on Monday, July 31st. Finally, Liberum Capital reduced their target price on Utilitywise PLC from GBX 206 ($2.68) to GBX 105 ($1.37) and set a “buy” rating for the company in a report on Monday, July 31st.

Utilitywise PLC (UTW) traded up 2.44% on Tuesday, reaching GBX 63.00. 52,105 shares of the company traded hands. The firm has a 50 day moving average price of GBX 70.56 and a 200 day moving average price of GBX 131.40. The stock’s market capitalization is GBX 49.02 million. Utilitywise PLC has a 52-week low of GBX 33.50 and a 52-week high of GBX 202.50.

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About Utilitywise PLC

Utilitywise plc is a United Kingdom-based business energy and water consultancy. The principal activity of the Company is of an intermediary for energy supplies to the commercial market. Its operating segments include Enterprise and Corporate. The Enterprise segment is engaged in energy procurement by negotiating rates with energy suppliers for small and medium-sized business customers throughout the United Kingdom, the Republic of Ireland and certain European markets.

Analyst Recommendations for Utilitywise PLC (LON:UTW)

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