UNITE Group plc (LON:UTG) Given New GBX 725 Price Target at Peel Hunt
UNITE Group plc (LON:UTG) had its price objective boosted by Peel Hunt from GBX 675 ($8.76) to GBX 725 ($9.41) in a research note released on Wednesday, July 26th. Peel Hunt currently has an add rating on the stock.
A number of other analysts also recently issued reports on UTG. Liberum Capital reissued a buy rating and set a GBX 720 ($9.35) price target on shares of UNITE Group plc in a report on Wednesday, July 26th. Numis Securities Ltd reissued an add rating and set a GBX 721 ($9.36) price target on shares of UNITE Group plc in a report on Wednesday, July 26th. Finally, Jefferies Group LLC reissued a hold rating and set a GBX 650 ($8.44) price target on shares of UNITE Group plc in a report on Wednesday, April 26th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. UNITE Group plc presently has an average rating of Buy and a consensus target price of GBX 736.83 ($9.57).
Shares of UNITE Group plc (LON:UTG) traded down 0.29% during mid-day trading on Wednesday, hitting GBX 676.00. 249,166 shares of the stock traded hands. UNITE Group plc has a 12 month low of GBX 541.57 and a 12 month high of GBX 695.50. The stock’s market cap is GBX 1.63 billion. The firm has a 50 day moving average of GBX 664.86 and a 200 day moving average of GBX 642.04.
The company also recently declared a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, October 5th will be issued a dividend of GBX 7.30 ($0.09) per share. This represents a yield of 1.06%. The ex-dividend date of this dividend is Thursday, October 5th.
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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