The UNITE Group plc (UTG) Earns Buy Rating from Liberum Capital

The UNITE Group plc (UTG) Earns Buy Rating from Liberum Capital

UTG has been the subject of several other reports. Numis Securities Ltd reiterated a “buy” rating and set a GBX 731 ($9.39) price objective on shares of UNITE Group plc in a research report on Wednesday, February 22nd. Peel Hunt reiterated an “add” rating and set a GBX 675 ($8.67) price objective on shares of UNITE Group plc in a research report on Wednesday, February 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 810 ($10.40) price objective on shares of UNITE Group plc in a research report on Monday, March 13th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a GBX 595 ($7.64) price objective on shares of UNITE Group plc in a research report on Thursday, January 19th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 712.67 ($9.15).

UNITE Group plc (LON:UTG)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued to investors on Thursday, May 11th. They presently have a GBX 720 ($9.25) target price on the stock. Liberum Capital’s price target points to a potential upside of 14.38% from the stock’s current price.

Shares of UNITE Group plc (LON:UTG) traded down 0.3956% during trading on Thursday, hitting GBX 629.8147. The stock had a trading volume of 369,417 shares. UNITE Group plc has a one year low of GBX 541.57 and a one year high of GBX 667.50. The firm’s market cap is GBX 1.40 billion. The firm’s 50-day moving average is GBX 640.43 and its 200-day moving average is GBX 609.72.

About UNITE Group plc 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:UTG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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