ANALYST VIEWS | IS UNITED UTILITIES ADOPTING THE CORRECT PATH FOR GROWTH?
KEITH BOWMAN HARGREAVES LANSDOWN
United has broadly reassured investors. It remains on track to meet its regulatory targets, whilst adjusted profits have materialised at the higher end of expectations. We say the stock is a ‘strong hold’.
TINA COOK CHARLES STANLEY
The financial position remains robust with headroom to cover projected financing needs to 2014. United has delivered a good set of full year results that are broadly in line with expectations.
JAMES BRAND DEUTSCHE BANK
The company said it is funded through to 2014 and it retains a comfortable balance sheet and funding position in our view. We continue to see an attractive outlook for the UK water sector. ‘Buy’.