Unitil Corp Receives a Hold from RBC Capital

By Jason Carr

RBC Capital analyst Shelby Tucker reiterated a Hold rating on Unitil Corp (NYSE: UTL) yesterday and set a price target of $44. The company’s shares closed yesterday at $44.57.

According to TipRanks.com, Tucker is a 4-star analyst with an average return of 4.4% and a 73.5% success rate. Tucker covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Public Service Enterprise, and American Electric Power.

Unitil Corp has an analyst consensus of Hold, with a price target consensus of $44.

The company has a one year high of $46.98 and a one year low of $35.37. Currently, Unitil Corp has an average volume of 39.23K.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UTL in relation to earlier this year. Most recently, in May 2016, Albert Elfner, a Director at UTL bought 500 shares for a total of $19,490.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

UNITIL Corp. is a holding company, which engages in power generation and distribution. It operates through the following segments: Gas, Electric, Non-Regulated, and Other. It produces and sells electricity and natural gas. The company was founded in 1984 and is headquartered in Hampton, NH.