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The latest update is out from Unitil ( (UTL) ).
On October 31, 2025, Unitil Corporation completed its acquisition of Maine Natural Gas Company from Avangrid Enterprises, Inc. for $86 million, plus an additional $7.1 million for working capital. This acquisition, funded through a term loan from Scotiabank, is expected to enhance Unitil’s natural gas distribution operations in Maine, adding approximately 6,300 customers and 230 miles of distribution mains. The acquisition aligns with Unitil’s strategy to expand its customer base and improve service delivery in the region.
The most recent analyst rating on (UTL) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Unitil stock, see the UTL Stock Forecast page.
Spark’s Take on UTL Stock
According to Spark, TipRanks’ AI Analyst, UTL is a Neutral.
Unitil’s overall score reflects strong earnings call performance and technical indicators, balanced by financial performance challenges. The company’s strategic investments and regulatory progress are promising, but profitability concerns and increased expenses need attention.
To see Spark’s full report on UTL stock, click here.
More about Unitil
Unitil Corporation is a public utility holding company that provides electricity and natural gas services in New England, specifically in Maine, New Hampshire, and Massachusetts. It serves approximately 109,400 electric customers and 103,900 natural gas customers, focusing on delivering dependable and efficient energy.
Average Trading Volume: 114,284
Technical Sentiment Signal: Sell
Current Market Cap: $862.2M
For a thorough assessment of UTL stock, go to TipRanks’ Stock Analysis page.