Liberum Capital Reaffirms Buy Rating for UNITE Group (UTG)

UNITE Group (LON:UTG)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a research report issued on Tuesday, January 30th. They presently have a GBX 850 ($11.74) target price on the stock. Liberum Capital’s price objective would suggest a potential upside of 10.32% from the stock’s previous close.

A number of other brokerages also recently issued reports on UTG. Numis Securities reiterated an “add” rating and set a GBX 776 ($10.72) price target on shares of UNITE Group in a research report on Monday, October 9th. JPMorgan Chase & Co. increased their price target on UNITE Group from GBX 810 ($11.19) to GBX 850 ($11.74) and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. Peel Hunt reiterated an “add” rating and set a GBX 725 ($10.02) price target on shares of UNITE Group in a research report on Tuesday, November 7th. Finally, Jefferies Group reiterated a “hold” rating and set a GBX 815 ($11.26) price target on shares of UNITE Group in a research report on Thursday, January 18th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. UNITE Group has a consensus rating of “Hold” and a consensus price target of GBX 836.40 ($11.56).

UNITE Group (LON:UTG) traded up GBX 1.50 ($0.02) during trading on Tuesday, reaching GBX 770.50 ($10.65). The company had a trading volume of 366,258 shares, compared to its average volume of 640,573. The firm has a market capitalization of $1,860.00 and a price-to-earnings ratio of 906.47. UNITE Group has a 12-month low of GBX 605.50 ($8.37) and a 12-month high of GBX 833 ($11.51).

WARNING: “Liberum Capital Reaffirms Buy Rating for UNITE Group (UTG)” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/unite-groups-utg-buy-rating-reaffirmed-at-liberum-capital-2.html.

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.

Analyst Recommendations for UNITE Group (LON:UTG)

Receive News & Ratings for UNITE Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UNITE Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply