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

Shares of UNITE Group PLC (OTCMKTS:UTGPF) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

A number of brokerages recently issued reports on UTGPF. Zacks Research upgraded UNITE Group to a “hold” rating in a report on Tuesday, April 14th. Oddo Bhf cut shares of UNITE Group to a “neutral” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UNITE Group in a report on Thursday, July 9th. Finally, Citigroup cut shares of UNITE Group from an “overweight” rating to a “hold” rating in a research report on Monday.

UNITE Group Price Performance

Shares of UTGPF opened at $6.35 on Tuesday. UNITE Group has a one year low of $6.08 and a one year high of $11.90. The stock has a 50-day moving average of $6.35 and a 200-day moving average of $6.69. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.75 and a current ratio of 0.75.

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.