UNITE Group plc (UTG) Given New GBX 725 Price Target at Peel Hunt
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.
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.
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