UNITE Group plc Rating Reiterated by JPMorgan Chase & Co. (UTG)
UNITE Group plc (LON:UTG)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Thursday. They currently have a GBX 475 ($7.86) target price on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 7.83% from the company’s current price.
UTG has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of UNITE Group plc in a research note on Thursday. Separately, 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 Liberum Capital reiterated a “buy” rating on shares of UNITE Group plc in a research note on Tuesday, August 12th. They now have a GBX 516 ($8.54) price target on the stock. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. UNITE Group plc has an average rating of “Buy” and a consensus price target of GBX 475.44 ($7.87).
UNITE Group plc (LON:UTG) traded down 0.50% during mid-day trading on Thursday, hitting GBX 438.00. The stock had a trading volume of 432,971 shares. UNITE Group plc has a 1-year low of GBX 332.729 and a 1-year high of GBX 444.004. The stock’s 50-day moving average is GBX 413.7 and its 200-day moving average is 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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