UNITE Group plc (LON:UTG) had its price target raised by Liberum Capital from GBX 600 ($7.47) to GBX 620 ($7.72) in a research note released on Friday morning. The firm currently has a hold rating on the stock.
UTG has been the subject of several other reports. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 770 ($9.59) price objective on shares of UNITE Group plc in a report on Tuesday, November 1st. Jefferies Group LLC reaffirmed a hold rating and issued a GBX 595 ($7.41) price objective on shares of UNITE Group plc in a report on Thursday, October 27th. Peel Hunt reaffirmed an add rating and issued a GBX 675 ($8.41) price objective on shares of UNITE Group plc in a report on Monday, October 10th. Finally, Numis Securities Ltd reaffirmed an add rating and issued a GBX 712 ($8.87) price objective on shares of UNITE Group plc in a report on Monday, October 10th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 684.43 ($8.53).
UNITE Group plc (LON:UTG) opened at 614.50 on Friday. UNITE Group plc has a one year low of GBX 541.57 and a one year high of GBX 667.50. The stock’s 50 day moving average is GBX 588.36 and its 200 day moving average is GBX 598.22. The firm’s market capitalization is GBX 1.37 billion.
UNITE Group plc Company Profile
The Unite Group plc is a United Kingdom-based developer and operator of student accommodation. The Company provides a home for over 50,000 students in approximately 140 properties in over 28 of England and Scotland’s University towns and cities. It operates through two segments: Operations and Property.