Zacks: Unite Group (UTGPF) Receives Consensus Rating of “Buy” from Brokerages
Unite Group (NASDAQ:UTGPF) has been given an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. Unite Group’s rating score has declined by 100% in the last three months as a result of various analysts’ upgrades and downgrades.
Zacks has also given Unite Group an industry rank of 63 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of Unite Group from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Wednesday, August 30th.
Shares of Unite Group (NASDAQ:UTGPF) remained flat at $7.55 during trading on Friday. 9,168 shares of the stock traded hands. Unite Group has a 12-month low of $7.55 and a 12-month high of $7.55.
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