Unite Group (UTGPF) Downgraded by Zacks Investment Research to Hold

Unite Group (NASDAQ:UTGPF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

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According to Zacks, “The Unite Group plc is a property investment company. It develops and operates student accommodation primarily in the United Kingdom. The Unite Group plc is headquartered in Bristol, the United Kingdom. “

Shares of Unite Group (NASDAQ UTGPF) opened at 7.55 on Friday. Unite Group has a 12 month low of $6.75 and a 12 month high of $7.65. The company has a market capitalization of $1.82 billion and a P/E ratio of 6.62.

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