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

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. “

Unite Group (NASDAQ UTGPF) remained flat at $7.55 during midday trading on Wednesday. The stock had a trading volume of 9,173 shares. The firm’s market capitalization is $1.82 billion. Unite Group has a 12 month low of $6.75 and a 12 month high of $7.65.

TRADEMARK VIOLATION WARNING: This report was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/10/11/unite-group-utgpf-downgraded-by-zacks-investment-research-to-hold.html.

Get a free copy of the Zacks research report on Unite Group (UTGPF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Unite Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unite Group and related companies with MarketBeat.com's FREE daily email newsletter.