UNITE Group plc Given Average Recommendation of “Buy” by Analysts (LON:UTG)
Shares of UNITE Group plc (LON:UTG) have earned an average recommendation of “Buy” from the ten analysts that are presently covering the company, Analyst Ratings Net reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 473 ($7.93).
UTG has been the subject of a number of recent research reports. 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.
Shares of UNITE Group plc (LON:UTG) opened at 426.00 on Tuesday. UNITE Group plc has a 1-year low of GBX 332.729 and a 1-year high of GBX 441.10. The stock has a 50-day moving average of GBX 405.1 and a 200-day moving average of GBX 420.. The company’s market cap is £856.9 million.
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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