UNITE Group plc (UTG) – Research Analysts’ Recent Ratings Changes
Several brokerages have updated their recommendations and price targets on shares of UNITE Group plc (LON: UTG) in the last few weeks:
- 10/2/2017 – UNITE Group plc had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 720 ($9.55) price target on the stock.
- 9/26/2017 – UNITE Group plc had its “under review” rating reaffirmed by analysts at Peel Hunt.
- 9/26/2017 – UNITE Group plc had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 776 ($10.29) price target on the stock.
- 9/26/2017 – UNITE Group plc had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 720 ($9.55) price target on the stock.
Shares of UNITE Group plc (LON:UTG) traded up 1.23% on Wednesday, reaching GBX 698.50. 398,359 shares of the company traded hands. The firm has a 50-day moving average of GBX 676.61 and a 200-day moving average of GBX 657.19. The company’s market capitalization is GBX 1.57 billion. UNITE Group plc has a 52-week low of GBX 541.57 and a 52-week high of GBX 699.00.
The business also recently declared a dividend, which will be paid on Friday, November 3rd. Investors 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 dividend yield of 1.06%.
In related news, insider Ross Paterson purchased 3,211 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was acquired at an average price of GBX 682 ($9.05) per share, for a total transaction of £21,899.02 ($29,047.65).
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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