Unite Group stock gained 1.14 percent as Jefferies reaffirmed Hold

Published on 10/04/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Unite Group stock was last at GBp 461 on October 2, 2026, after a 1.14 percent gain. Jefferies kept a GBp 503 target while FY2026 adjusted EPS guidance remains 41.5p-43.0p.

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Unite Group (ISIN GB0006928617) stock was last at GBp 461 on the London Stock Exchange on October 2, 2026 at 4:35 p.m. London time, up 1.14 percent from GBp 455.80. As MarketBeat reported on October 1, 2026, Jefferies reaffirmed a Hold rating and kept its price objective at GBp 503. That target stands 9.11 percent above the reference price.

Consensus targets GBp 613.75

MarketBeat's October 2, 2026 analyst summary puts Unite Group at a Moderate Buy consensus from eight firms, with five Buy ratings and three Holds, according to MarketBeat. The average 12-month target of GBp 613.75 is 33.13 percent above the GBp 461 reference price, leaving a clear gap between the latest quotation and the broker average.

Jefferies is more cautious than that group average: its GBp 503 objective is 9.11 percent above the reference price, while the consensus figure is GBp 110.75 higher. The difference matters because the company enters its next trading update with earnings guidance intact but income growth moderated.

Reservations support FY2026 guidance

In its trading update dated September 17, 2026, Unite Group said 95 percent of its beds were reserved for the 2026/27 academic year, matching the 95 percent level for 2025/26. The company also guided to 0.5-1.0 percent like-for-like income growth for 2026/27, compared with its previous 0-2 percent range.

The same Unite Group update reiterated adjusted EPS guidance of 41.5p-43.0p for FY2026. It also said occupancy could improve to 92 percent, above the previous 88-90 percent expectation, while rental growth is now expected to be flat rather than 1-2 percent.

The company will publish its next trading update and Q3 fund valuations on October 8, 2026, with an investor and analyst webcast scheduled for 8:30 a.m. BST, according to Unite Group.

Stock remains below yearly high

At GBp 461 on October 2, 2026, Unite Group stock stood within its GBp 442.20 to GBp 727.50 52-week range and 36.63 percent below the high. Trading volume reached 2,022,690 shares, giving the latest move a measurable market backdrop.

Unite Group stock holds at GBp 461

Unite Group stock was last at GBp 461 on the London Stock Exchange on October 2, 2026 at 4:35 p.m. London time, with the 1.14 percent daily gain matching the positive direction in the headline.