Liberum Capital Boosts UNITE Group (UTG) Price Target to GBX 850
UNITE Group (LON:UTG) had its price target boosted by Liberum Capital from GBX 770 ($10.36) to GBX 850 ($11.44) in a research report report published on Monday morning. They currently have a buy rating on the stock.
UTG has been the subject of several other research reports. J P Morgan Chase & Co lifted their price target on shares of UNITE Group from GBX 810 ($10.90) to GBX 850 ($11.44) and gave the company an overweight rating in a research note on Wednesday, October 11th. Numis Securities reaffirmed an add rating and set a GBX 776 ($10.44) price target on shares of UNITE Group in a research note on Monday, October 9th. Finally, Peel Hunt reaffirmed an add rating and set a GBX 725 ($9.76) price target on shares of UNITE Group in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 779.20 ($10.49).
UNITE Group (UTG) opened at GBX 733 ($9.87) on Monday. UNITE Group has a 12-month low of GBX 543 ($7.31) and a 12-month high of GBX 738.50 ($9.94).
In related news, insider Ross Paterson purchased 3,211 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was purchased at an average price of GBX 682 ($9.18) per share, with a total value of £21,899.02 ($29,473.78).
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About UNITE Group
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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