Share on StockTwits

Shares of UNITE Group plc (LON:UTG) have been given a consensus rating of “Buy” by the ten brokerages that are currently covering the company, American Banking News.com reports. One equities research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 473 ($7.93).

UNITE Group plc (LON:UTG) opened at 405.50 on Tuesday. UNITE Group plc has a 52-week low of GBX 332.729 and a 52-week high of GBX 441.10. The stock’s 50-day moving average is GBX 403.4 and its 200-day moving average is GBX 420.3. The company’s market cap is £815.7 million.

A number of analysts have recently weighed in on UTG shares. Analysts at Liberum Capital reiterated a “buy” rating on shares of UNITE Group plc in a research note on Tuesday. They now have a GBX 516 ($8.66) 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 Tuesday. They now have a GBX 513 ($8.61) price target on the stock.

The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.