Peel Hunt reissued their buy rating on shares of UNITE Group (LON:UTG) in a research note published on Monday, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued research reports about the company. Peel Hunt restated a buy rating and issued a GBX 1,200 ($15.79) price target on shares of UNITE Group in a research report on Thursday, January 23rd. Jefferies Financial Group upped their price target on UNITE Group from GBX 940 ($12.37) to GBX 1,200 ($15.79) and gave the stock a hold rating in a research report on Friday, January 17th. Barclays restated an overweight rating on shares of UNITE Group in a research report on Wednesday, November 27th. Liberum Capital restated a hold rating and issued a GBX 1,270 ($16.71) price target (up previously from GBX 950 ($12.50)) on shares of UNITE Group in a research report on Thursday, January 23rd. Finally, Numis Securities restated a hold rating on shares of UNITE Group in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. UNITE Group has an average rating of Hold and a consensus target price of GBX 1,199.38 ($15.78).
Shares of UTG opened at GBX 1,244 ($16.36) on Monday. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 31.91. The business has a 50-day simple moving average of GBX 1,289.34 and a two-hundred day simple moving average of GBX 1,172.85. The stock has a market cap of $4.61 billion and a price-to-earnings ratio of 13.78. UNITE Group has a 52 week low of GBX 888 ($11.68) and a 52 week high of GBX 1,351 ($17.77).
About UNITE Group
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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