Unite Group (LON:UTG – Get Free Report)‘s stock had its “hold” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 1,052 ($13.67) target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 8.79% from the company’s previous close.
Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,100 ($14.29) price target on shares of Unite Group in a report on Thursday, July 25th.
View Our Latest Report on Unite Group
Unite Group Trading Up 0.7 %
Insider Activity at Unite Group
In related news, insider Joe Lister bought 2,777 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were acquired at an average cost of GBX 900 ($11.69) per share, with a total value of £24,993 ($32,475.31). 0.30% of the stock is currently owned by insiders.
About Unite Group
Unite Group PLC, owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom. The company operates through Operations and Property segments. It manages rental properties, as well as offers asset management services. The company was founded in 1991 and is headquartered in Bristol, England.
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