UNITE Group (LON:UTG) had its price target increased by Liberum Capital from GBX 770 ($10.36) to GBX 850 ($11.44) in a research report report published on Monday. Liberum Capital currently has a buy rating on the stock.
Other research analysts have also issued research reports about the stock. Numis Securities reaffirmed an add rating and set a GBX 776 ($10.44) target price on shares of UNITE Group in a research note on Tuesday, September 26th. Peel Hunt reaffirmed an add rating and set a GBX 725 ($9.76) target price on shares of UNITE Group in a research note on Tuesday, November 7th. Finally, J P Morgan Chase & Co increased their target price on shares of UNITE Group from GBX 810 ($10.90) to GBX 850 ($11.44) and gave the stock an overweight rating in a research note on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 779.20 ($10.49).
UNITE Group (UTG) opened at GBX 735 ($9.89) on Monday. UNITE Group has a 12 month low of GBX 543 ($7.31) and a 12 month high of GBX 738.50 ($9.94).
About UNITE Group
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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