Morgan Stanley analyst Ana Escalante maintained a Buy rating on Unite Group plc today and set a price target of p1,000.00.
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Ana Escalante’s rating is based on several key factors influencing Unite Group plc’s future prospects. Despite a recent trading update that fell short of expectations, Ana believes that the current stock price already reflects most of the negative news. The company’s occupancy rate for the 2025/26 academic year is slightly below target, but the demand from international students remains strong, which is expected to drive future growth.
Furthermore, the valuation of Unite’s portfolios has seen a positive increase, supported by rental growth. The outlook for international student demand is promising, given the UK’s growing appeal as a study destination amidst more restrictive policies in other countries. Ana anticipates that these factors, combined with a limited supply of student housing, will lead to sustained rental growth and support the Buy rating for Unite Group plc.
In another report released on September 23, Bank of America Securities also reiterated a Buy rating on the stock with a p1,050.00 price target.