UNITE Group (LON:UTG)‘s stock had its “add” rating reaffirmed by equities research analysts at Numis Securities in a research report issued on Tuesday. They presently have a GBX 892 ($12.53) price target on the stock. Numis Securities’ price objective suggests a potential upside of 11.92% from the stock’s previous close.
Other research analysts have also issued research reports about the company. Peel Hunt reissued an “add” rating and issued a GBX 725 ($10.18) target price on shares of UNITE Group in a report on Tuesday, November 7th. Liberum Capital reissued a “buy” rating and issued a GBX 850 ($11.94) target price on shares of UNITE Group in a report on Monday, January 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 836.40 ($11.75).
UNITE Group (LON UTG) opened at GBX 797 ($11.19) on Tuesday. The stock has a market capitalization of $1,930.00 and a P/E ratio of 937.65. UNITE Group has a twelve month low of GBX 577 ($8.10) and a twelve month high of GBX 833 ($11.70).
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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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