Liberum Capital Reaffirms Buy Rating for UNITE Group (UTG)

Liberum Capital reiterated their buy rating on shares of UNITE Group (LON:UTG) in a report released on Friday, October 19th.

UTG has been the subject of a number of other reports. Peel Hunt raised their target price on shares of UNITE Group from GBX 900 ($11.76) to GBX 935 ($12.22) and gave the stock a buy rating in a report on Thursday, October 18th. Numis Securities restated 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 investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 891.67 ($11.65).

LON:UTG traded up GBX 11 ($0.14) during trading hours on Friday, reaching GBX 864 ($11.29). 496,965 shares of the company’s stock were exchanged, compared to its average volume of 744,474. UNITE Group has a 12 month low of GBX 618 ($8.08) and a 12 month high of GBX 833 ($10.88).

In other UNITE Group news, insider Joe Lister sold 35,000 shares of the stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of GBX 911 ($11.90), for a total value of £318,850 ($416,634.00).

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 more than 140 properties across 24 leading university towns and cities in England and Scotland.

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Analyst Recommendations for UNITE Group (LON:UTG)

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