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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Comments
ADVFNPrep
I wonder about the source of the PE of 7.59. Digital look has PE at 18.0 and stockopedia at 18.9. Did you perhaps mean 17.59?
Personally, I do not like companies with a lit of debt as interest rates can only go up from here.
wildrides
I would sell it if I were you .
It will come under regulatory pressure when Labour get in and cash on deposit will soon give you that yield when rates rise.