Unite Group PLC (LON:UTG) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Unite Group PLC (LON:UTG - Get Free Report) have received an average rating of "Moderate Buy" from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 737.67.UTG has been the topic of several research reports. Berenberg Bank cut their target price on Unite Group from GBX 855 to GBX 774 and set a "buy" rating on the stock in a research note on Monday, January 26th. The Goldman Sachs Group cut their target price on Unite Group from GBX 680 to GBX 620 and set a "buy" rating on the stock in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft lowered their price target on Unite Group from GBX 700 to GBX 640 and set a "buy" rating on the stock in a research report on Friday, March 20th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 512 price target on shares of Unite Group in a research report on Friday.Get Our Latest Stock Report on UTGUnite Group Trading Up 0.0%LON UTG opened at GBX 461.40 on Friday. The stock has a market capitalization of £2.45 billion, a price-to-earnings ratio of 23.19, a PEG ratio of 3.20 and a beta of 0.96. The stock's 50 day moving average price is GBX 511.68 and its two-hundred day moving average price is GBX 555.34. The company has a debt-to-equity ratio of 29.55, a quick ratio of 0.73 and a current ratio of 29.97. Unite Group has a 52 week low of GBX 442.20 and a 52 week high of GBX 884. Unite Group (LON:UTG - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported GBX 47.50 EPS for the quarter. Unite Group had a return on equity of 2.03% and a net margin of 30.06%. As a group, analysts anticipate that Unite Group will post 47.9341004 earnings per share for the current fiscal year. Insider Buying and Selling at Unite GroupIn related news, insider Richard N. L. Huntingford purchased 37,985 shares of the stock in a transaction on Tuesday, February 24th. The shares were purchased at an average price of GBX 529 per share, with a total value of £200,940.65. 0.77% of the stock is owned by company insiders. Unite Group Company Profile (Get Free Report)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. We provide homes to 70,000 students across 157 properties in 23 leading university towns and cities. We currently partner with over 60 universities across the UK. Our people are driven by a common purpose: to provide a 'Home for Success' for the students who live with us. Unite's accommodation is safe and secure, high quality and affordable.Further ReadingFive stocks we like better than Unite GroupThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Unite Group Right Now?Before you consider Unite Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unite Group wasn't on the list.While Unite Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here