Peel Hunt announced Unite Group PLC (LON:UTG), upholding its stock price target at 675.00GBX today
- Updated: October 9, 2016
In a statement issued on 10/10/2016 Peel Hunt hold steady the stock price target of Unite Group PLC (LON:UTG) from 675.00GBX to 675.00GBX indicating a possible upside of 0.13%.
Previously on Thursday September 29, 2016, Liberum Capital reported about Unite Group PLC (LON:UTG) held steady the target price at 600.00GBX. At the time, this indicated a possible downside of -0.05%.
Just yesterday Unite Group PLC (LON:UTG) traded -0.91% lower at 598.25GBX. The company’s 50-day moving average is 626.58GBX and its 200-day moving average is 628.01GBX. The last closing price is down -4.54% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 186,334 shares of UTG changing hands under the typical 584,489
With a total market value of 0 GBX, Unite Group PLC has price-earnings ratio of 5.72 with a one year low of 550.50GBX and a one year high of 682.50GBX .
A total of 7 analysts have released a research note on UTG. One analyst rating the company a strong buy, three analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 665.57GBX.
More About Unite Group PLC (LON:UTG)
The Unite Group plc is a United Kingdom-based developer and operator of student accommodation. The Company provides a home for over 46,000 students in approximately 140 properties in over 30 of the country's University towns and cities. It operates through two segments: Operations and Property. The Operations segment is responsible for the Company's approximately 140 properties, including those owned by its co-investment vehicles. The Property segment is responsible for its development and asset management strategy, and oversees its two co-investment vehicles. The Company rents its rooms both directly to students and to approximately 60 Universities across the United Kingdom. Its properties provide accommodation close to University campuses, transport and local amenities. It offers study bedroom, insurance, round the clock security, cleaning services and Wireless-Fidelity throughout its buildings. It also operates and runs approximately three funds and joint ventures.
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