Unite Group (UTG)

Sector:

Property Investment Trusts

Index:

FTSE 100

834.00p
   
  • Change Today:
      14.00p
  • 52 Week High: 993.50
  • 52 Week Low: 788.00
  • Currency: UK Pounds
  • Shares Issued: 488.81m
  • Volume: 141,016
  • Market Cap: £4,076.64m
  • RiskGrade: 154

Goldman starts Unite Group at 'buy', cites strong fundamentals

By Michele Maatouk

Date: Wednesday 15 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Goldman Sachs initiated coverage on student accommodation landlord Unite Group on Wednesday with a 'buy' rating, citing strong fundamentals and an attractive valuation entry point.
"The key points of our thesis include: 1) well-positioned and high-quality portfolio; 2) favourable supply/demand dynamics within student housing market; and 3) value-accretive investment opportunities and supportive balance sheet," the bank said.

"Following significant underperformance over 12 months driven by rates and positioning, in our view, the shares now trade at an attractive 26% discount to FY25E NTA/share."

At 0930 GMT, the shares were up 2.5% at 808p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Unite Group Market Data

Currency UK Pounds
Share Price 834.00p
Change Today 14.00p
% Change 1.71 %
52 Week High 993.50
52 Week Low 788.00
Volume 141,016
Shares Issued 488.81m
Market Cap £4,076.64m
RiskGrade 154

Unite Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.59% below the market average81.59% below the market average81.59% below the market average81.59% below the market average81.59% below the market average
58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average
Price Trend
27.52% below the market average27.52% below the market average27.52% below the market average27.52% below the market average27.52% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
56.62% above the market average56.62% above the market average56.62% above the market average56.62% above the market average56.62% above the market average
13.04% above the sector average13.04% above the sector average13.04% above the sector average13.04% above the sector average13.04% above the sector average
Growth
67.84% above the market average67.84% above the market average67.84% above the market average67.84% above the market average67.84% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 4
Sell 0
Strong Sell 1
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Unite Group Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Apr-25 19-Sep-24
Paid 30-May-25 01-Nov-24
Amount 24.90p 12.40p

Trades for 28-May-2025

Time Volume / Share Price
13:50 113 @ 834.00p
13:50 301 @ 834.00p
13:50 248 @ 834.00p
13:50 700 @ 834.00p
13:50 248 @ 834.00p

Unite Group Key Personnel

CEO Joe Lister
Chair Richard N L Huntingford
CFO Michael Burt

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