The UNITE Group plc (UTG) Stock Rating Reaffirmed by Jefferies Group

The UNITE Group plc (UTG) Stock Rating Reaffirmed by Jefferies Group

UNITE Group plc (LON:UTG)‘s stock had its “hold” rating reissued by research analysts at Jefferies Group in a report released on Thursday. They presently have a GBX 595 ($7.25) price target on the stock. Jefferies Group’s price objective would indicate a potential upside of 5.78% from the company’s current price.

Several other equities analysts have also issued reports on UTG. Numis Securities Ltd restated an “add” rating and set a GBX 734 ($8.95) price target on shares of UNITE Group plc in a research report on Tuesday, July 26th. Liberum Capital restated a “hold” rating and set a GBX 600 ($7.31) price target on shares of UNITE Group plc in a research report on Tuesday, July 26th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 770 ($9.38) price target on shares of UNITE Group plc in a research report on Wednesday, July 27th. Peel Hunt upgraded UNITE Group plc to an “add” rating and raised their price target for the stock from GBX 650 ($7.92) to GBX 675 ($8.23) in a research report on Monday, July 25th. Finally, Morgan Stanley raised their price target on UNITE Group plc from GBX 660 ($8.04) to GBX 700 ($8.53) and gave the stock an “overweight” rating in a research report on Wednesday, August 31st. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. UNITE Group plc has a consensus rating of “Hold” and an average price target of GBX 678.86 ($8.27).

Shares of UNITE Group plc (LON:UTG) opened at 562.50 on Thursday. The firm’s market cap is GBX 1.25 billion. The firm has a 50-day moving average price of GBX 613.30 and a 200-day moving average price of GBX 623.26. UNITE Group plc has a 52 week low of GBX 541.57 and a 52 week high of GBX 682.50.

In other UNITE Group plc news, insider Lister,Joe sold 50,000 shares of the stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of GBX 635 ($7.74), for a total value of £317,500 ($386,959.17).

Related posts

Leave a Comment