UNITE Group PLC (OTCMKTS:UTGPF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of UNITE Group PLC (OTCMKTS:UTGPF) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts have recently issued reports on UTGPF shares. Citigroup downgraded shares of UNITE Group from an “overweight” rating to a “hold” rating in a research report on Monday, August 3rd. Oddo Bhf downgraded UNITE Group to a “neutral” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UNITE Group in a research note on Thursday, July 9th. Finally, Zacks Research raised UNITE Group to a “hold” rating in a research note on Tuesday, April 14th.

UNITE Group Price Performance

UNITE Group stock opened at $6.35 on Tuesday. The stock’s 50 day moving average is $6.35 and its 200 day moving average is $6.64. UNITE Group has a one year low of $6.08 and a one year high of $11.90. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.27.

UNITE Group Company Profile

Unite Students is the UK's largest owner, manager and developer of purpose-built student accommodation serving the country's world-leading Higher Education sector. Following our successful £1.4bn acquisition of Liberty Living's UK assets in November 2019, we now provide homes to 76,000 students across 177 properties in 27 leading university towns and cities. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us and to be the most trusted brand in the sector.