A number of other research analysts have also commented on UTG. Jefferies Group reaffirmed a hold rating and issued a GBX 815 ($11.44) price objective on shares of UNITE Group in a report on Thursday, January 18th. Numis Securities reaffirmed an add rating and issued a GBX 892 ($12.52) price objective on shares of UNITE Group in a report on Tuesday, January 30th. Liberum Capital reaffirmed a buy rating and issued a GBX 850 ($11.93) price objective on shares of UNITE Group in a report on Monday, January 15th. Morgan Stanley upped their price objective on UNITE Group from GBX 710 ($9.97) to GBX 850 ($11.93) and gave the company an equal weight rating in a report on Tuesday, March 13th. Finally, JPMorgan Chase upped their price objective on UNITE Group from GBX 850 ($11.93) to GBX 900 ($12.63) and gave the company a neutral rating in a report on Wednesday, March 7th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 862.83 ($12.11).
Shares of LON UTG opened at GBX 816.04 ($11.45) on Thursday. UNITE Group has a one year low of GBX 618 ($8.67) and a one year high of GBX 833 ($11.69).
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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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