Peel Hunt Reaffirms Buy Rating for UNITE Group (UTG)
UNITE Group (LON:UTG)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday.
Several other research firms have also weighed in on UTG. Liberum Capital reiterated a “buy” rating on shares of UNITE Group in a report on Monday, October 8th. Numis Securities reiterated a “hold” rating and set a GBX 900 ($11.76) target price on shares of UNITE Group in a report on Monday, October 8th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 891.67 ($11.65).
UTG stock opened at GBX 851.50 ($11.13) on Wednesday. UNITE Group has a 1-year low of GBX 618 ($8.08) and a 1-year high of GBX 833 ($10.88).
Unite Students is the UK's largest manager and developer of purpose-built student accommodation serving the country's world-leading higher education sector. We currently provide homes for almost 50,000 students in more than 140 properties across 24 leading university towns and cities in England and Scotland.
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