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

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

Several equities research analysts have recently commented on the stock. Barclays cut shares of UNITE Group from a “hold” rating to a “strong sell” rating in a research report on Monday. Oddo Bhf cut shares of UNITE Group to a “neutral” rating in a research report on Tuesday, August 4th. Citigroup downgraded shares of UNITE Group from an “overweight” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UNITE Group in a report on Thursday, July 9th.

UNITE Group Price Performance

Shares of UNITE Group stock opened at $6.35 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.75 and a quick ratio of 0.75. The company’s fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $6.51. UNITE Group has a 12-month low of $6.08 and a 12-month 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.