UNITE Group plc 17.2% Potential Upside Indicated by Barclays Capital

Broker Ratings
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UNITE Group plc using EPIC/TICKER code (LON:UTG) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. UNITE Group plc are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 1200 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.2% from the opening price of 1024 GBX. Over the last 30 and 90 trading days the company share price has increased 24 points and increased 84.5 points respectively. The 52 week high for the stock is 1091 GBX while the 52 week low is 793 GBX.

UNITE Group plc has a 50 day moving average of 1,003.45 GBX and a 200 day moving average of 924.59. There are currently 290,330,901 shares in issue with the average daily volume traded being 967,156. Market capitalisation for LON:UTG is £2,957,840,326 GBP.

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