Unite Group (LON:UTG) Insider Joe Lister Acquires 10,000 Shares

Unite Group PLC (LON:UTG) insider Joe Lister acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was purchased at an average price of GBX 526 per share, for a total transaction of £52,600.

Unite Group Stock Performance

Shares of Unite Group stock opened at GBX 510 on Tuesday. The business has a 50-day moving average of GBX 579.45 and a 200 day moving average of GBX 706.89. Unite Group PLC has a 12 month low of GBX 494.10 and a 12 month high of GBX 885.61. The stock has a market capitalization of £2.50 billion, a price-to-earnings ratio of 7.33, a price-to-earnings-growth ratio of 3.20 and a beta of 1.24. The company has a debt-to-equity ratio of 38.76, a current ratio of 1.58 and a quick ratio of 0.73.

Analysts Set New Price Targets

Several research analysts have recently commented on UTG shares. Citigroup reissued a “buy” rating and issued a GBX 1,205 price objective on shares of Unite Group in a research note on Friday, August 15th. Berenberg Bank reiterated a “buy” rating and set a GBX 855 target price on shares of Unite Group in a report on Friday, November 28th. Finally, Panmure Gordon reissued a “hold” rating and issued a GBX 675 price target on shares of Unite Group in a research report on Tuesday, November 25th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Unite Group presently has an average rating of “Moderate Buy” and an average price target of GBX 911.67.

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.