Shares of Unite Group PLC (LON:UTG – Get Free Report) have received an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 593.56.
A number of equities research analysts recently issued reports on UTG shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Unite Group from GBX 640 to GBX 570 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 450 price objective on shares of Unite Group in a report on Monday, October 26th. Peel Hunt reiterated a “hold” rating and issued a GBX 555 target price on shares of Unite Group in a research note on Thursday, October 8th. Citigroup downgraded shares of Unite Group to a “neutral” rating and reduced their target price for the stock from GBX 906 to GBX 579 in a research note on Monday, August 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 668 price target on shares of Unite Group in a research report on Thursday, October 8th.
Get Our Latest Report on Unite Group
Unite Group Stock Down 0.1%
Shares of LON UTG opened at GBX 489.97 on Tuesday. The company has a debt-to-equity ratio of 46.65, a current ratio of 23.17 and a quick ratio of 0.73. The stock has a market capitalization of £2.52 billion, a PE ratio of -5.01, a P/E/G ratio of 3.20 and a beta of 0.93. Unite Group has a one year low of GBX 416 and a one year high of GBX 599. The business’s fifty day moving average price is GBX 470.56 and its 200-day moving average price is GBX 503.52.
About Unite Group
Unite Students is the UK’s largest owner, manager and developer of purpose-built student accommodation, serving the country’s world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.
Our people are driven by a common purpose: to provide a ‘Home for Success’ for the students who live with us. Unite’s accommodation is safe and secure, high quality and affordable.
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