UNITE Group PLC (OTCMKTS:UTGPF) Given Average Recommendation of “Hold” by Analysts

UNITE Group PLC (OTCMKTS:UTGPF) has been assigned an average recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have weighed in on UTGPF shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UNITE Group in a research report on Thursday, July 9th. Citigroup cut shares of UNITE Group from an “overweight” rating to a “hold” rating in a research note on Monday, August 3rd. Oddo Bhf downgraded shares of UNITE Group to a “neutral” rating in a report on Tuesday, August 4th. Finally, Barclays lowered UNITE Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 24th.

UNITE Group Price Performance

Shares of OTCMKTS:UTGPF opened at $6.35 on Friday. The stock has a 50 day moving average of $6.35 and a 200 day moving average of $6.44. UNITE Group has a 12-month low of $6.08 and a 12-month high of $11.90. 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 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.