UNITE Group (LON:UTG)‘s stock had its “restricted” rating reaffirmed by equities research analysts at Numis Securities in a report issued on Wednesday.
A number of other equities analysts have also recently issued reports on the company. Liberum Capital restated a “buy” rating and set a GBX 850 ($11.74) target price on shares of UNITE Group in a report on Tuesday, January 30th. Jefferies Group restated a “hold” rating and set a GBX 815 ($11.26) target price on shares of UNITE Group in a report on Thursday, January 18th. JPMorgan Chase & Co. cut UNITE Group to a “neutral” rating and set a GBX 850 ($11.74) target price on the stock. in a report on Monday, January 15th. Finally, Peel Hunt restated a “buy” rating and set a GBX 775 ($10.71) target price on shares of UNITE Group in a report on Thursday, January 4th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. UNITE Group has a consensus rating of “Buy” and an average price target of GBX 836.40 ($11.56).
UNITE Group (LON UTG) opened at GBX 780 ($10.78) on Wednesday. UNITE Group has a fifty-two week low of GBX 605.50 ($8.37) and a fifty-two week high of GBX 833 ($11.51). The firm has a market cap of $1,880.00 and a PE ratio of 917.65.
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About UNITE Group
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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