Numis Securities Ltd Reaffirms Add Rating on Unite Group (UTG)
Unite Group (LON: UTG)‘s stock had its “add” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Friday. They currently have a $4.52 (280 GBX) target price on the stock.
Shares of Unite Group opened at 259.00 on Friday. Unite Group has a one year low of GBX 150.40 and a one year high of GBX 260.00. The company’s market cap is £415.1 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Unite Group in a research note to investors on Tuesday, September 4th. They now have a $4.44 price target on the stock. Analysts at Investec reiterated a “buy” rating on shares of Unite Group in a research note to investors on Thursday, August 30th.
The UNITE Group plc is engaged in the development and management of student residential accommodation in the United Kingdom.
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