UNITE Group plc (UTG) Earns Buy Rating from Liberum Capital
A number of other equities research analysts also recently weighed in on UTG. Peel Hunt reiterated an add rating and issued a GBX 675 ($8.79) target price on shares of UNITE Group plc in a report on Monday, July 10th. Numis Securities Ltd reissued an add rating and issued a GBX 721 ($9.39) price objective on shares of UNITE Group plc in a research note on Monday, April 10th. Finally, Jefferies Group LLC reissued a hold rating and issued a GBX 650 ($8.47) price objective on shares of UNITE Group plc in a research note on Wednesday, April 26th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. UNITE Group plc currently has an average rating of Buy and a consensus price target of GBX 728.50 ($9.49).
UNITE Group plc (UTG) opened at 679.00 on Wednesday. The company has a 50 day moving average price of GBX 662.65 and a 200 day moving average price of GBX 634.56. The firm’s market capitalization is GBX 1.64 billion. UNITE Group plc has a 12 month low of GBX 541.57 and a 12 month high of GBX 695.50.
The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be paid a GBX 7.30 ($0.10) dividend. The ex-dividend date is Thursday, October 5th. This represents a yield of 1.06%.
About UNITE Group plc
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.
Receive News & Ratings for UNITE Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UNITE Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.