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

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

UTGPF has been the subject of several recent research reports. Citigroup cut shares of UNITE Group from an “overweight” rating to a “hold” rating in a research report on Monday, August 3rd. Oddo Bhf lowered shares of UNITE Group to a “neutral” rating in a report on Tuesday. Zacks Research raised shares of UNITE Group to a “hold” rating in a research note on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UNITE Group in a report on Thursday, July 9th.

UNITE Group Stock Performance

Shares of OTCMKTS UTGPF opened at $6.35 on Tuesday. The company has a 50 day simple moving average of $6.35 and a 200 day simple moving average of $6.66. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.27. UNITE Group has a 1 year low of $6.08 and a 1 year high of $11.90.

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.