UNITE Group (LON:UTG)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports.
UTG has been the subject of several other research reports. Liberum Capital reissued a “hold” rating on shares of UNITE Group in a report on Monday, October 7th. Barclays started coverage on shares of UNITE Group in a report on Tuesday, August 6th. They issued an “overweight” rating and a GBX 1,200 ($15.68) price target for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 1,050 ($13.72).
Shares of UTG stock opened at GBX 1,147 ($14.99) on Wednesday. UNITE Group has a 12-month low of GBX 793 ($10.36) and a 12-month high of GBX 1,180 ($15.42). The firm has a market capitalization of $3.27 billion and a price-to-earnings ratio of 12.70. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 31.91. The firm has a fifty day moving average of GBX 1,116.24 and a 200-day moving average of GBX 1,026.35.
In other news, insider Richard Akers purchased 2,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was bought at an average price of GBX 1,042 ($13.62) per share, with a total value of £20,840 ($27,231.15).
About UNITE Group
Unite Students is the UK's largest manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. We currently provide homes for almost 50,000 students in circa 130 properties across 22 leading university towns and cities in England and Scotland.
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