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Home / Momentum / The Unite (UTG.L) 20-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

The Unite (UTG.L) 20-11-19

Will shares in The Unite (UTG.L) continue to rally, setting new recent highs?

 

  • Now trading at 1190p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -0% from 12-month highs; +49% from 12 month lows.

Latest News

06 Nov:  Unite, the student accommodation developer,  announced that it had received regulatory approval for the £1.4bn acquisition of Liberty Living.

 

06 Aug:  Barclays Capital today initiates coverage of Unite Group (UTG) with a overweight rating and target price of 1200p.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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