UNITE Group (LON:UTG)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a research note issued to investors on Thursday. They presently have a GBX 815 ($11.05) price objective on the stock. Jefferies Group’s target price points to a potential upside of 3.03% from the company’s current price.
UTG has been the topic of several other reports. Liberum Capital reissued a “buy” rating and issued a GBX 850 ($11.53) price target on shares of UNITE Group in a research note on Sunday, December 10th. Peel Hunt reissued a “buy” rating and issued a GBX 775 ($10.51) price target on shares of UNITE Group in a research note on Thursday, January 4th. Finally, Numis Securities reissued an “add” rating and issued a GBX 776 ($10.52) price target on shares of UNITE Group in a research note on Thursday, November 23rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 813.20 ($11.03).
UNITE Group (UTG) traded down GBX 7 ($0.09) during trading hours on Thursday, hitting GBX 791 ($10.73). 256,929 shares of the stock traded hands, compared to its average volume of 454,652. The stock has a market capitalization of $1,900.00 and a P/E ratio of 930.59. UNITE Group has a 12-month low of GBX 570.50 ($7.74) and a 12-month high of GBX 833 ($11.30).
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.
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