Key Points
- Insider purchase: Director Michael Burt bought 10,000 Unite Group shares at GBX 522 each on December 5, a £52,200 transaction.
- Shares are trading down ~2.8% (opened at GBX 510) and sit nearer their 12‑month low (GBX 494.10) with a market cap of £2.50bn and a PE ratio of 7.33.
- Analysts are broadly positive—two Buys and one Hold—giving an average target of GBX 911.67, with Citigroup the most bullish at GBX 1,205.
Unite Group PLC (LON:UTG - Get Free Report) insider Michael Burt purchased 10,000 shares of the company's stock in a transaction on Friday, December 5th. The shares were bought at an average price of GBX 522 per share, for a total transaction of £52,200.
Unite Group Trading Down 2.8%
Unite Group stock opened at GBX 510 on Tuesday. Unite Group PLC has a 12-month low of GBX 494.10 and a 12-month high of GBX 885.61. The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73. The stock has a market capitalization of £2.50 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. The firm has a 50 day simple moving average of GBX 579.45 and a 200-day simple moving average of GBX 706.89.
Analysts Set New Price Targets
A number of equities analysts have issued reports on UTG shares. Citigroup reaffirmed a "buy" rating and set a GBX 1,205 price target on shares of Unite Group in a research note on Friday, August 15th. Berenberg Bank restated a "buy" rating and issued a GBX 855 price objective on shares of Unite Group in a report on Friday, November 28th. Finally, Panmure Gordon reaffirmed a "hold" rating and set a GBX 675 target price on shares of Unite Group in a report on Tuesday, November 25th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Unite Group has an average rating of "Moderate Buy" and an average target price of GBX 911.67.
View Our Latest Report on UTG
Unite Group Company Profile
(
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Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation, serving the country's world-leading Higher Education sector. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK.
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