Unite Group (NASDAQ:UTGPF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Saturday. The firm currently has a $8.50 target price on the stock. Zacks Investment Research‘s price objective points to a potential upside of 12.58% from the stock’s current price.

According to Zacks, “The Unite Group plc is a property investment company. It develops and operates student accommodation primarily in the United Kingdom. The Unite Group plc is headquartered in Bristol, the United Kingdom. “

Shares of Unite Group (NASDAQ UTGPF) opened at 7.55 on Friday. Unite Group has a 52 week low of $6.75 and a 52 week high of $7.65.

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