Peel Hunt reaffirmed their buy rating on shares of UNITE Group (LON:UTG) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
UTG has been the topic of several other reports. Peel Hunt reissued a buy rating and set a GBX 1,050 ($13.72) target price on shares of UNITE Group in a report on Thursday, June 20th. Barclays started coverage on UNITE Group in a report on Tuesday, August 6th. They set an overweight rating and a GBX 1,200 ($15.68) target price on the stock. Finally, Liberum Capital reissued a hold rating on shares of UNITE Group in a report on Monday, October 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. UNITE Group presently has an average rating of Buy and a consensus target price of GBX 1,050 ($13.72).
UTG opened at GBX 1,150 ($15.03) on Tuesday. The firm has a market cap of $3.34 billion and a P/E ratio of 12.74. UNITE Group has a 52-week low of GBX 793 ($10.36) and a 52-week high of GBX 1,180 ($15.42). The company has a debt-to-equity ratio of 31.91, a quick ratio of 0.84 and a current ratio of 0.90. The business’s fifty day moving average is GBX 1,079.18 and its 200-day moving average is GBX 1,002.29.
In other UNITE Group news, insider Richard Akers acquired 2,000 shares of UNITE Group stock in a transaction that occurred on Friday, September 13th. The shares were acquired at an average cost of GBX 1,042 ($13.62) per share, with a total value of £20,840 ($27,231.15).
UNITE Group Company Profile
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 circa 130 properties across 22 leading university towns and cities in England and Scotland.
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