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United Utilities a Decent Buy at these Levels

By Mark Howitt | Friday 26 September 2014


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


You may remember me writing this article on United Utilities about a month ago. With United Utilities (UU.) shares now at 811p, on a yield of 4.45% and a PE of 7.59, the time may well have come to buy the stock. United Utilities recent trading update was broadly positive. Customer service improved and financial performance is expected to be the same as last year. The company remains confident of delivering its 2010-15 regulatory outperformance targets. 


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