UNITE Group plc Stock Rating Reaffirmed by Liberum Capital (UTG)
UNITE Group plc (LON:UTG)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 516 ($8.63) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 19.72% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of UNITE Group plc in a research note on Tuesday, August 12th. They now have a GBX 513 ($8.58) price target on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of UNITE Group plc to an “overweight” rating in a research note on Thursday, July 31st. They now have a GBX 475 ($7.94) price target on the stock. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. UNITE Group plc has a consensus rating of “Buy” and a consensus target price of GBX 473 ($7.91).
UNITE Group plc (LON:UTG) opened at 432.50 on Friday. 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 408.7 and a 200-day moving average of GBX 420.3. The company’s market cap is £870.0 million.
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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