UNITE Group plc Rating Reiterated by Liberum Capital (UTG)
UNITE Group plc (LON:UTG)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Tuesday, American Banking & Market News reports. They currently have a GBX 516 ($8.67) price target on the stock. Liberum Capital’s price objective points to a potential upside of 25.00% from the stock’s previous close.
UTG has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of UNITE Group plc in a research note on Monday, April 14th. They now have a GBX 501 ($8.41) price target on the stock. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. UNITE Group plc currently has an average rating of “Buy” and an average target price of GBX 457.92 ($7.69).
Shares of UNITE Group plc (LON:UTG) opened at 426.70 on Tuesday. UNITE Group plc has a 52 week low of GBX 284.00 and a 52 week high of GBX 441.10. The stock’s 50-day moving average is GBX 429.9 and its 200-day moving average is GBX 414.. The company’s market cap is £858.3 million.
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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