UNITE Group (LON:UTG) had its price target raised by analysts at Peel Hunt from GBX 900 ($11.76) to GBX 935 ($12.22) in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price objective points to a potential upside of 8.34% from the company’s current price.
UTG has been the subject of several other reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 950 ($12.41) price objective on shares of UNITE Group in a research note on Monday, September 10th. Numis Securities reaffirmed a “hold” rating and set a GBX 900 ($11.76) price objective on shares of UNITE Group in a research note on Monday, October 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 891.67 ($11.65).
UTG opened at GBX 863 ($11.28) on Thursday. UNITE Group has a 52 week low of GBX 618 ($8.08) and a 52 week high of GBX 833 ($10.88).
In other UNITE Group news, insider Joe Lister sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of GBX 911 ($11.90), for a total transaction of £318,850 ($416,634.00).
UNITE Group Company Profile
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 more than 140 properties across 24 leading university towns and cities in England and Scotland.
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