UNITE Group (UTG) Price Target Increased to GBX 850 by Analysts at Liberum Capital
A number of other research firms have also recently commented on UTG. Numis Securities reissued an add rating and set a GBX 776 ($10.44) price target on shares of UNITE Group in a report on Thursday, November 23rd. Peel Hunt reaffirmed an add rating and issued a GBX 725 ($9.76) target price on shares of UNITE Group in a report on Tuesday, November 7th. Finally, J P Morgan Chase & Co upped their target price on UNITE Group from GBX 810 ($10.90) to GBX 850 ($11.44) and gave the stock an overweight rating in a report on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of GBX 779.20 ($10.49).
UNITE Group (UTG) traded up GBX 8 ($0.11) during trading on Monday, hitting GBX 734.50 ($9.89). The stock had a trading volume of 516,041 shares, compared to its average volume of 452,112. UNITE Group has a 12 month low of GBX 543 ($7.31) and a 12 month high of GBX 738.50 ($9.94).
In other news, insider Ross Paterson bought 3,211 shares of the stock in a transaction on Monday, October 2nd. The stock was acquired at an average price of GBX 682 ($9.18) per share, with a total value of £21,899.02 ($29,473.78).
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UNITE Group Company Profile
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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