Unite Group (LON:UTG) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Unite Group (LON:UTGGet Free Report)‘s stock had its “buy” rating reiterated by Deutsche Bank Aktiengesellschaft in a report released on Tuesday,London Stock Exchange reports. They currently have a GBX 640 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 37.28% from the company’s previous close.

UTG has been the topic of a number of other reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 481 target price on shares of Unite Group in a report on Tuesday. JPMorgan Chase & Co. dropped their price target on Unite Group from GBX 710 to GBX 690 and set an “overweight” rating for the company in a research report on Monday, April 13th. The Goldman Sachs Group decreased their price objective on Unite Group from GBX 680 to GBX 620 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Berenberg Bank dropped their target price on Unite Group from GBX 855 to GBX 774 and set a “buy” rating for the company in a report on Monday, January 26th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 726.43.

View Our Latest Report on Unite Group

Unite Group Price Performance

LON:UTG traded down GBX 15 during trading hours on Tuesday, reaching GBX 466.20. The stock had a trading volume of 3,516,100 shares, compared to its average volume of 10,238,412. The stock has a market capitalization of £2.46 billion, a PE ratio of 23.43, a PEG ratio of 3.20 and a beta of 0.93. Unite Group has a 52 week low of GBX 442.20 and a 52 week high of GBX 874.50. The company has a 50 day moving average price of GBX 472.45 and a two-hundred day moving average price of GBX 527.23. The company has a debt-to-equity ratio of 29.55, a quick ratio of 0.73 and a current ratio of 29.97.

Unite Group (LON:UTGGet Free Report) last posted its earnings results on Tuesday, February 24th. The company reported GBX 47.50 earnings per share for the quarter. Unite Group had a net margin of 30.06% and a return on equity of 2.03%. As a group, sell-side analysts anticipate that Unite Group will post 47.9341004 earnings per share for the current fiscal year.

Insider Activity at Unite Group

In related news, insider Richard N. L. Huntingford bought 37,985 shares of Unite Group stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average cost of GBX 529 per share, with a total value of £200,940.65. Company insiders own 0.77% of the company’s stock.

Unite Group Company Profile

(Get Free Report)

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.

Recommended Stories

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.