UNITE Group plc (UTG) Given Consensus Rating of “Buy” by Analysts
UNITE Group plc (LON:UTG) has been given a consensus rating of “Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 712.67 ($9.21).
UTG has been the topic of several recent research reports. Liberum Capital upgraded shares of UNITE Group plc to a “buy” rating and upped their target price for the company from GBX 620 ($8.01) to GBX 720 ($9.30) in a research report on Monday, March 13th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 810 ($10.47) target price on shares of UNITE Group plc in a research report on Wednesday, March 22nd. Jefferies Group LLC restated a “hold” rating and set a GBX 650 ($8.40) target price on shares of UNITE Group plc in a research report on Wednesday, April 26th. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 721 ($9.32) target price on shares of UNITE Group plc in a research report on Wednesday, March 8th.
COPYRIGHT VIOLATION NOTICE: “UNITE Group plc (UTG) Given Consensus Rating of “Buy” by Analysts” was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/06/12/unite-group-plc-utg-given-consensus-rating-of-buy-by-analysts.html.
Shares of UNITE Group plc (UTG) traded up 0.86% on Monday, hitting GBX 648.00. The stock had a trading volume of 804,046 shares. The company has a 50 day moving average price of GBX 637.90 and a 200-day moving average price of GBX 612.58. The stock’s market cap is GBX 1.44 billion. UNITE Group plc has a 12 month low of GBX 541.57 and a 12 month high of GBX 667.50.
About UNITE Group plc
The Unite Group plc is a United Kingdom-based developer and operator of student accommodation. The Company provides a home for over 50,000 students in approximately 140 properties in over 28 of England and Scotland’s University towns and cities. It operates through two segments: Operations and Property.
Receive News & Ratings for UNITE Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UNITE Group plc and related companies with MarketBeat.com's FREE daily email newsletter.