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

UNITE Group PLC (OTCMKTS:UTGPF) has earned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

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

UNITE Group Price Performance

OTCMKTS UTGPF remained flat at $6.35 on Thursday. UNITE Group has a 1 year low of $6.08 and a 1 year high of $11.90. The stock’s 50 day moving average is $6.35 and its 200 day moving average is $6.83. 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.