Unite Group PLC (LON:UTG) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give Unite Group a consensus "Moderate Buy" rating from seven analysts (five buys, two holds) with an average 12‑month price target of GBX 730.86.
• Major brokers have recently trimmed targets — e.g., Goldman Sachs to GBX 620, JPMorgan to GBX 690, Deutsche Bank to GBX 640 and Jefferies at GBX 512 — signalling lowered near‑term expectations even as several maintain buy/overweight stances.
• Insider Richard N. L. Huntingford purchased 37,985 shares at GBX 529 (≈£200,941), with corporate insiders owning about 0.77% of the company.

Unite Group PLC (LON:UTG - Get Free Report) has received an average recommendation of "Moderate Buy" from the seven analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 730.86.

UTG has been the topic of a number of research reports. The Goldman Sachs Group dropped their price objective on shares of Unite Group from GBX 680 to GBX 620 and set a "buy" rating on the stock in a report on Monday, March 30th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 512 price objective on shares of Unite Group in a report on Friday, April 10th. JPMorgan Chase & Co. lowered their price target on shares of Unite Group from GBX 710 to GBX 690 and set an "overweight" rating on the stock in a report on Monday, April 13th. Berenberg Bank lowered their price target on shares of Unite Group from GBX 855 to GBX 774 and set a "buy" rating on the stock in a report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Unite Group from GBX 700 to GBX 640 and set a "buy" rating on the stock in a report on Friday, March 20th.

Insiders Place Their Bets

In other news, insider Richard N. L. Huntingford purchased 37,985 shares of the stock in a transaction on Tuesday, February 24th. The shares were acquired at an average price of GBX 529 per share, with a total value of £200,940.65. 0.77% of the stock is owned by corporate insiders.

Unite Group Stock Performance

UTG opened at GBX 474 on Tuesday. The company has a current ratio of 29.97, a quick ratio of 0.73 and a debt-to-equity ratio of 29.55. The company has a market cap of £2.51 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 3.20 and a beta of 0.96. The company's 50 day moving average is GBX 478.04 and its 200 day moving average is GBX 530.70. Unite Group has a 12-month low of GBX 442.20 and a 12-month high of GBX 874.50.

Unite Group (LON:UTG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The company reported GBX 47.50 earnings per share (EPS) for the quarter. Unite Group had a net margin of 30.06% and a return on equity of 2.03%. On average, equities research analysts predict that Unite Group will post 47.9341004 EPS for the current year.

Unite Group Company Profile

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. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us. Unite's accommodation is safe and secure, high quality and affordable.

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