UNITE Group PLC (OTCMKTS:UTGPF) Receives Consensus Rating of “Hold” from Brokerages

UNITE Group PLC (OTCMKTS:UTGPF) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

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

UNITE Group Price Performance

Shares of OTCMKTS UTGPF opened at $6.35 on Friday. The firm’s fifty day moving average is $6.35 and its 200 day moving average is $6.51. UNITE Group has a 52 week low of $6.08 and a 52 week 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.