UNITE Group PLC (OTCMKTS:UTGPF) Stock Rated “Hold” by Sell-Side Analysts

by · The Markets Daily

Shares of UNITE Group PLC (OTCMKTS:UTGPF – Get Free Report) have been given an average rating of “Hold” by the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

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

View Our Latest Research Report on UNITE Group

UNITE Group Price Performance

OTCMKTS UTGPF opened at $6.69 on Wednesday. The stock’s 50 day moving average is $6.45 and its 200 day moving average is $6.36. UNITE Group has a twelve month low of $6.08 and a twelve month high of $11.90. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.75 and a current ratio of 0.75.

UNITE Group Company Profile

(Get Free Report)

UNITE Group plc, operating as Unite Students, is a United Kingdom-based company that develops, owns and manages purpose-built student accommodation. Its properties are designed primarily for university students and typically include furnished bedrooms, shared living spaces, study areas, social facilities and on-site support services.

The company provides accommodation to students attending universities across major towns and cities in the UK. Its business combines property development and investment with the operation of student residences, and it works with university partners as well as directly with students through its booking and accommodation services.

UNITE Group was founded in 1991 and has grown into one of the prominent providers of purpose-built student accommodation in the UK.

Featured Stories