Liberum Capital reiterated their buy rating on shares of UNITE Group (LON:UTG) in a research note issued to investors on Monday morning. They currently have a GBX 850 ($11.53) target price on the stock.
A number of other equities research analysts have also weighed in on the stock. Peel Hunt restated a buy rating and issued a GBX 775 ($10.51) target price on shares of UNITE Group in a report on Thursday, January 4th. Numis Securities restated an add rating and issued a GBX 776 ($10.52) target price on shares of UNITE Group in a report on Friday, December 8th. Finally, JPMorgan Chase & Co. upped their target price on shares of UNITE Group from GBX 810 ($10.98) to GBX 850 ($11.53) and gave the stock an overweight rating in a report on Wednesday, October 11th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 789.20 ($10.70).
UNITE Group (LON UTG) opened at GBX 801 ($10.86) on Monday. UNITE Group has a 1-year low of GBX 570.50 ($7.74) and a 1-year high of GBX 833 ($11.30). The firm has a market cap of $1,930.00 and a P/E ratio of 942.35.
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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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