Oriel Securities Ltd Reiterates “Add” Rating for UNITE Group plc (UTG)
A number of other analysts have also recently weighed in on UTG. Analysts at Liberum Capital reiterated a “buy” rating on shares of UNITE Group plc in a research note on Friday, August 22nd. They now have a GBX 516 ($8.54) price target on the stock. Finally, 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 ($8.49) price target on the stock. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 475.44 ($7.87).
Shares of UNITE Group plc (LON:UTG) traded down 0.50% on Thursday, hitting GBX 438.00. The stock had a trading volume of 432,971 shares. UNITE Group plc has a 52 week low of GBX 332.729 and a 52 week high of GBX 444.004. The stock has a 50-day moving average of GBX 413.7 and a 200-day moving average of GBX 421.0. The company’s market cap is £881.1 million.
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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