Peel Hunt reissued their buy rating on shares of UNITE Group (LON:UTG) in a research note published on Thursday. They currently have a GBX 775 ($10.36) price objective on the stock.
Several other equities research analysts have also issued reports on UTG. Numis Securities reaffirmed an add rating and issued a GBX 776 ($10.38) price objective on shares of UNITE Group in a research note on Tuesday, September 26th. Liberum Capital reiterated a buy rating and issued a GBX 720 ($9.63) target price on shares of UNITE Group in a report on Tuesday, September 26th. Finally, JPMorgan Chase & Co. lifted their target price on shares of UNITE Group from GBX 810 ($10.83) to GBX 850 ($11.37) and gave the stock an overweight rating in a report on Wednesday, October 11th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 789.20 ($10.55).
Shares of UNITE Group (UTG) opened at GBX 810.50 ($10.84) on Thursday. UNITE Group has a 52 week low of GBX 570.50 ($7.63) and a 52 week high of GBX 807.50 ($10.80). The stock has a market cap of $1,940.00 and a price-to-earnings ratio of 953.53.
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UNITE Group 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.
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