UNITE Group (UTG) Stock Rating Reaffirmed by Peel Hunt

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.

TRADEMARK VIOLATION NOTICE: This story was first posted by Equities Focus and is the property of of Equities Focus. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.equitiesfocus.com/2018/01/08/unite-group-utg-stock-rating-reaffirmed-by-peel-hunt.html.

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.

Analyst Recommendations for UNITE Group (LON:UTG)

Receive News & Ratings for UNITE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UNITE Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply