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

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

Several brokerages have weighed in on UTGPF. Barclays cut UNITE Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UNITE Group in a research report on Thursday. Finally, Zacks Research raised UNITE Group to a “hold” rating in a research note on Tuesday, April 14th.

UNITE Group Price Performance

Shares of UTGPF stock remained flat at $6.35 during trading on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $6.35 and its 200 day moving average is $6.83. UNITE Group has a one year low of $6.08 and a one year high of $11.90.

About UNITE Group

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.