UNITE Group (UTG) Rating Reiterated by Liberum Capital

UNITE Group (LON:UTG)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued on Sunday. They currently have a GBX 850 ($11.44) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 12.33% from the company’s previous close.

Several other analysts have also recently commented on UTG. Numis Securities restated an “add” rating and set a GBX 776 ($10.44) target price on shares of UNITE Group in a report on Tuesday, September 26th. Peel Hunt restated an “under review” rating on shares of UNITE Group in a report on Tuesday, September 26th. Finally, J P Morgan Chase & Co increased their target price on UNITE Group from GBX 810 ($10.90) to GBX 850 ($11.44) and gave the stock an “overweight” rating in a report on Wednesday, October 11th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. UNITE Group currently has an average rating of “Buy” and a consensus target price of GBX 779.20 ($10.49).

Shares of UNITE Group (LON:UTG) opened at GBX 756.73 ($10.18) on Friday. UNITE Group has a 1-year low of GBX 556.50 ($7.49) and a 1-year high of GBX 758 ($10.20).

In other news, insider Ross Paterson purchased 3,211 shares of the business’s stock in a transaction dated Monday, October 2nd. The shares were acquired at an average price of GBX 682 ($9.18) per share, with a total value of £21,899.02 ($29,473.78).

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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.

Analyst Recommendations for UNITE Group (LON:UTG)

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