UNITE Group plc Rating Reiterated by Oriel Securities Ltd (UTG)
UNITE Group plc (LON:UTG) traded up 0.84% on Wednesday, hitting GBX 396.00. 186,958 shares of the company’s stock traded hands. UNITE Group plc has a 52-week low of GBX 332.729 and a 52-week high of GBX 441.10. The stock has a 50-day moving average of GBX 408. and a 200-day moving average of GBX 420.. The company’s market cap is £796.6 million.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of UNITE Group plc in a research note on Monday. They now have a GBX 516 ($8.85) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of UNITE Group plc in a research note on Monday, June 30th. They now have a GBX 505 ($8.66) price target on the stock. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 468.88 ($8.04).
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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