Jaguar Land Rover Secures $2 Billion Loan Guarantee from U.K. Government Following Cyberattack
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
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Source: WSJ
Government Support: The U.K. government is providing financial assistance to Jaguar Land Rover following a cyberattack that has severely impacted production for about a month.
Loan Guarantee: A loan guarantee of 1.5 billion pounds ($2.01 billion) will be underwritten by the government to bolster the automaker's cash reserves and facilitate payments to suppliers.
Analyst Views on UTG
Wall Street analysts forecast UTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UTG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.880
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Current: 37.880
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About UTG
Reaves Utility Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in dividend-paying common and preferred stocks of companies in the utility industry. The Fund pursues its investment objective by investing at least 80% of its total assets in the securities of domestic and foreign companies involved to a significant extent in providing products, services or equipment for the generation or distribution of electricity, gas or water; telecommunications activities, and infrastructure operations, such as airports, toll roads and municipal services. The Fund may invest in preferred stocks and bonds of below investment grade quality (junk bonds). The Fund's investment adviser is W.H. Reaves & Co. Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
