UNITE Group (LON:UTG) had its price target lifted by Berenberg Bank from GBX 1,425 ($18.75) to GBX 1,450 ($19.07) in a report released on Friday, Stock Target Advisor reports. Berenberg Bank currently has a buy rating on the stock.

Other research analysts also recently issued reports about the stock. Numis Securities reissued a hold rating on shares of UNITE Group in a research report on Wednesday, February 5th. Peel Hunt restated a buy rating on shares of UNITE Group in a research note on Monday, February 24th. Jefferies Financial Group raised their target price on shares of UNITE Group from GBX 940 ($12.37) to GBX 1,200 ($15.79) and gave the stock a hold rating in a research note on Friday, January 17th. Barclays raised their target price on shares of UNITE Group from GBX 1,200 ($15.79) to GBX 1,320 ($17.36) and gave the stock an overweight rating in a research note on Thursday. Finally, Liberum Capital restated a hold rating on shares of UNITE Group in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. UNITE Group currently has an average rating of Hold and a consensus price target of GBX 1,217.50 ($16.02).

UNITE Group stock traded down GBX 67 ($0.88) during midday trading on Friday, hitting GBX 1,133 ($14.90). 1,426,449 shares of the company’s stock were exchanged, compared to its average volume of 744,474. UNITE Group has a 12-month low of GBX 888 ($11.68) and a 12-month high of GBX 1,351 ($17.77). The company has a debt-to-equity ratio of 31.91, a quick ratio of 0.84 and a current ratio of 0.90. The stock has a market cap of $4.12 billion and a price-to-earnings ratio of 12.55. The firm’s 50 day simple moving average is GBX 1,286.36 and its 200 day simple moving average is GBX 1,174.38.

The company also recently announced a dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be paid a GBX 22.95 ($0.30) dividend. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, April 9th. This is a boost from UNITE Group’s previous dividend of $10.25. UNITE Group’s dividend payout ratio (DPR) is 0.33%.

About UNITE Group

Unite Students is the UK's largest manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. We currently provide homes for almost 50,000 students in circa 130 properties across 22 leading university towns and cities in England and Scotland.

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Analyst Recommendations for UNITE Group (LON:UTG)

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