Several other analysts have also weighed in on the company. Peel Hunt restated a buy rating and issued a GBX 775 ($10.51) price objective on shares of UNITE Group in a report on Thursday, January 4th. Numis Securities restated an add rating and issued a GBX 776 ($10.52) price objective on shares of UNITE Group in a report on Friday, December 8th. Finally, JPMorgan Chase & Co. upped their price objective on UNITE Group from GBX 810 ($10.98) to GBX 850 ($11.53) and gave the company an overweight rating in a report on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. UNITE Group presently has an average rating of Buy and a consensus price target of GBX 789.20 ($10.70).
Shares of UNITE Group (UTG) traded up GBX 2.50 ($0.03) during trading on Monday, hitting GBX 813 ($11.03). The stock had a trading volume of 946,034 shares, compared to its average volume of 434,621. The firm has a market capitalization of $1,960.00 and a price-to-earnings ratio of 956.47. UNITE Group has a twelve month low of GBX 570.50 ($7.74) and a twelve month high of GBX 833 ($11.30).
UNITE Group 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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