Barclays Sticks to Their Buy Rating for Unite Group plc (UTG)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2024
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Source: Business Insider
- Barclays Analyst Rating: Barclays analyst Paul May maintained a Buy rating on Unite Group plc (UTG) with shares closing at p908.00.
- Analyst Consensus: The analyst consensus on UTG is Strong Buy with an average price target of p1,087.55, indicating a 19.77% upside from current levels.
- Market Cap and P/E Ratio: UTG's market cap is £4.03B with a P/E ratio of 37.23.
- Company Description: UNITE Group PLC develops and operates student housing in the UK, accommodating nearly 50,000 students across almost 150 properties.
- Recent News: Recent news includes high occupancy forecasts, price target adjustments, share capital details, student accommodation notes launch, and CFO exercising LTIP options by Unite Group PLC.
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.
