Real Estate Investment and Services

UNITE Group plc

Unite Group Invests £390 Million in Cambridge Student Accommodation

Deutsche Bank's Max Nimmo has reaffirmed a Buy rating on Shaftesbury Capital (SHC) with a price target of p185.00. Despite an analyst consensus of Hold and a lower price target of p161.75, Nimmo focuses on the Real Estate sector, covering stocks like Unite Group plc and Workspace Group plc R.E.I.T.

Tip Ranks

Workspace Group PLC

Deutsche Bank AG

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Deutsche Bank  Reaffirms Their Buy Rating on Shaftesbury Capital (SHC)

Analyst Ana Escalante from Morgan Stanley has reiterated a Buy rating on Unite Group plc, raising the price target to $675 from $482. The decision is based on Unite's strong operational performance and positive bookings for the 2026/27 academic year. Escalante highlights confidence in adjusted EPS growth and a favorable demand outlook, supporting the Overweight/Buy recommendation. Deutsche Bank also maintains a Buy rating with a $640 price target.

Morgan Stanley

Big Yellow Group PLC

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Analyst Reiterates Buy on Unite, Citing Resilient Performance, Strong 2026/27 Bookings and Price Target Hike to $675

Unite Group's shares fell after revealing student bookings for the 2026/27 academic year are at 79%, down from 80% last year. The company anticipates rental income growth of 2-3%, with flat to modest like-for-like growth. CEO Joe Lister highlighted efforts to boost income through university partnerships. Goldman Sachs maintains a 'buy' rating with a 12-month price target of 560p, indicating a 16% upside from the current price. Despite the dip in bookings, Unite reaffirmed its earnings guidance for fiscal 2026.

Stock Invest

Goldman Sachs

GS Hldg R

Unite Group Shares Dip as Student Bookings Lag Behind Last Year

UTG Inc reported a revenue of $36.49M and diluted EPS of $7.42 for Q1 2026, marking a 66.6% increase in revenue and an 80.9% rise in net income compared to the prior year. The growth was attributed to fair-value gains on equity securities, particularly in oil & gas. Operating expenses rose by 12%, while liquidity remained strong. Management is focused on sustaining revenue through core operations and monitoring the investment portfolio.

TradingView

UTG Inc 1Q 2026: Revenue $36.49M, EPS $7.42— 10-Q Summary

Unite Group plc has sold its St Pancras Way asset for £186 million, receiving £115 million in cash and increasing its stake in USAF to 32%. The sale supports its strategy of asset recycling and strengthens its balance sheet. Additionally, Unite has approved a £65 million extension of its share buyback program, totaling £165 million, funded partly by the asset sale. Analysts rate UTG stock as a Hold with a price target of £481. The company operates 208 properties for 72,000 students and aims for net zero carbon by 2030.

Unite Group Sells London Asset and Expands £165m Share Buyback

Unite Group plc has completed its share buyback program, repurchasing 199,517 shares on April 17, 2026, at an average price of 478.10p. This brings total repurchases to 17.9 million shares, reducing the total shares to 528,759,501. The buyback reflects Unite's confidence in its financial position and aims to enhance earnings per share for investors. Analysts rate UTG stock as a Buy with a £585.00 price target, although concerns about cash flow and occupancy rates persist. Unite Group specializes in student accommodation in the UK.

Unite Group Cancels Further Shares as Buyback Programme Reaches 17.9m

Unite Group plc has completed its share buyback program, purchasing 200,000 shares on April 16, 2026, bringing total repurchases to 17.7 million. This move reduces the total shares to 528,853,202, potentially enhancing earnings per share for existing investors. The company aims to demonstrate balance sheet discipline amid market challenges. Analysts rate the stock as a Buy with a £585.00 price target, though concerns about cash flow and occupancy persist. Unite Group focuses on student accommodation in the UK, with a current market cap of £2.55 billion.

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Unite Group Cancels Further Shares as Buyback Programme Reaches 17.7 Million

Kepler Capital has maintained a Hold rating for Unite Group plc (UTG) with a price target of p550.00, as reported by analyst Julian Livingston-Booth on April 10. He has a 4-star rating with a 3.8% average return and a 58.75% success rate. Jefferies also issued a Hold rating on the same day, while Morgan Stanley maintained a Buy rating for the company.

Kepler Capital  Sticks to Its Hold Rating for Unite Group plc (UTG)

Unite Group PLC (LON:UTG) has received an average rating of "Moderate Buy" from six brokerages. Two analysts rated it as a hold, while four assigned a buy rating. The average price target is GBX 737.67. Recent target price adjustments include Berenberg Bank lowering it from GBX 855 to GBX 774, Goldman Sachs from GBX 680 to GBX 620, and Deutsche Bank from GBX 700 to GBX 640. The stock opened at GBX 461.40, with a market cap of £2.45 billion and a 52-week range of GBX 442.20 to GBX 884.

Market Beat

Unite Group PLC (LON:UTG) Given Average Recommendation of "Moderate Buy" by Brokerages

Unite Group Plc shares rose after reporting Q1 lettings in line with guidance. 74% of beds are reserved for the 2026/27 academic year, with a rental growth forecast of 2-3%. The company is exploring options for portfolio transformation and has completed £130 million in asset disposals, targeting £300-400 million in 2026. A £100 million share buyback program is underway, with £85 million deployed. The Unite UK Student Accommodation Fund saw a 1.7% capital decline, while the London Student Accommodation Joint Venture fell 2.4%.

Investing

Unite shares rise as Q1 lettings meet guidance, buyback in focus

UNITE Group plc(UTG.UK)

Deutsche Bank Reaffirms Their Buy Rating on Shaftesbury Capital (SHC)

Analyst Reiterates Buy on Unite, Citing Resilient Performance, Strong 2026/27 Bookings and Price Target Hike to $675

Unite Group Shares Dip as Student Bookings Lag Behind Last Year

UTG Inc 1Q 2026: Revenue $36.49M, EPS $7.42— 10-Q Summary

Unite Group Sells London Asset and Expands £165m Share Buyback