RBC Capital Initiates Coverage on Unitil (UTL)

By admin | 6 years ago

RBC Capital (NYSE: RY) initiated coverage on shares of Unitil (NYSE: UTL) in a research note issued on Monday. The firm set an “outperform” rating on the stock.

Shares of Unitil traded up 0.43% during mid-day trading on Monday, hitting $25.70. Unitil has a one year low of $24.51 and a one year high of $29.00. The company has a market cap of $344.1 million and a P/E ratio of 16.85.

Unitil Corporation (Unitil) is a public utility holding company. The Company is engaged in distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts and Maine.

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