UNITE Group plc 14.9% Potential Upside Indicated by Morgan Stanley

Broker Ratings

UNITE Group plc using EPIC/TICKER code (LON:UTG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. UNITE Group plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set their target price at 950 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.9% from the opening price of 827 GBX. Over the last 30 and 90 trading days the company share price has increased 12.5 points and decreased 478 points respectively. The 1 year high for the share price is 1351 GBX while the 52 week low is 577 GBX.

UNITE Group plc has a 50 day moving average of 879.98 GBX and a 200 day moving average of 1,106.02. There are currently 363,631,363 shares in issue with the average daily volume traded being 1,126,673. Market capitalisation for LON:UTG is £2,852,688,042 GBP.

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