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Unite Group plc ( (GB:UTG) ) just unveiled an update.
Unite Group plc reports strong rental growth driving property values, with 85% of beds sold for the 2025/26 academic year and planning approval for a 2,000-bed Newcastle University joint venture. The company anticipates increased student numbers due to a growing UK 18-year-old population and international student recruitment, aiming for 97-98% occupancy. The Renters’ Rights Bill is expected to impact the HMO sector, potentially increasing costs and reducing supply. Unite’s development pipeline includes projects in Newcastle and Manchester, while USAF has refinanced its bonds, enhancing financial stability.
The most recent analyst rating on (GB:UTG) stock is a Buy with a £1070.00 price target. To see the full list of analyst forecasts on Unite Group plc stock, see the GB:UTG Stock Forecast page.
Spark’s Take on GB:UTG Stock
According to Spark, TipRanks’ AI Analyst, GB:UTG is a Outperform.
Unite Group plc’s strong financial performance and positive corporate events are the most significant factors in the overall score. The company’s strategic investments and expansion plans bolster its growth prospects. While technical indicators suggest a bearish trend, the potential for a reversal and attractive valuation metrics add to a positive outlook.
To see Spark’s full report on GB:UTG stock, click here.
More about Unite Group plc
Unite Students is the UK’s largest owner, manager, and developer of purpose-built student accommodation (PBSA), serving the country’s higher education sector. It provides homes to 68,000 students across 152 properties in 23 university towns and cities, partnering with over 60 universities. Founded in 1991, Unite Group is a Real Estate Investment Trust (REIT) listed on the London Stock Exchange.
Average Trading Volume: 1,106,359
Technical Sentiment Signal: Sell
Current Market Cap: £3.99B
See more data about UTG stock on TipRanks’ Stock Analysis page.