UNITE Group plc 15.9% Potential Upside Indicated by JP Morgan Cazenove

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UNITE Group plc with EPIC/TICKER (LON:UTG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. UNITE Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 15.9% from today’s opening price of 776.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 25 points and decreased 467.5 points respectively. The 52 week high for the share price is currently at 1351 GBX while the year low share price is currently 577 GBX.

UNITE Group plc has a 50 day moving average of 800.82 GBX and the 200 Day Moving Average price is recorded at 1,090.77. There are currently 363,631,363 shares in issue with the average daily volume traded being 1,099,122. Market capitalisation for LON:UTG is £2,980,399,798 GBP.

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