UNITE Group plc (LON:UTG) had its target price increased by Peel Hunt from GBX 675 ($8.79) to GBX 725 ($9.45) in a research report sent to investors on Wednesday. They currently have an add rating on the stock.

A number of other equities research analysts have also commented on the company. Liberum Capital restated a buy rating and set a GBX 720 ($9.38) price target on shares of UNITE Group plc in a research report on Thursday, May 11th. Jefferies Group LLC restated a hold rating and set a GBX 650 ($8.47) price target on shares of UNITE Group plc in a research report on Wednesday, April 26th. Finally, Numis Securities Ltd restated an add rating and set a GBX 721 ($9.39) price target on shares of UNITE Group plc in a research report on Monday, April 10th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 728.50 ($9.49).

Shares of UNITE Group plc (LON:UTG) opened at 679.00 on Wednesday. UNITE Group plc has a 52 week low of GBX 541.57 and a 52 week high of GBX 695.50. The firm’s 50-day moving average price is GBX 662.65 and its 200 day moving average price is GBX 634.56. The company’s market cap is GBX 1.64 billion.

WARNING: This piece was posted by Watch List News and is the property of of Watch List News. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.watchlistnews.com/unite-group-plc-utg-given-new-gbx-725-price-target-at-peel-hunt/1462080.html.

The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be given a GBX 7.30 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 1.06%.

UNITE Group plc Company Profile

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 plc (LON:UTG)

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.