Barclays Sticks to Its Buy Rating for Unite Group plc (UTG)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2024
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Source: Business Insider
Analyst Ratings: Paul May from Barclays maintains a Buy rating on Unite Group plc (UTG) with a current share price of p929.50, while the average price target among analysts suggests a 15.41% upside to p1,072.70.
Company Overview: Unite Group plc specializes in developing and operating student housing in the UK, managing nearly 150 properties that accommodate around 50,000 students, with significant revenue generated from rental income.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
