UBM Stock Rating Reaffirmed by Panmure Gordon (UBM)
UBM (LON:UBM)‘s stock had its “buy” rating restated by Panmure Gordon in a research note issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 900 ($14.29) target price on the stock. Panmure Gordon’s price objective would indicate a potential upside of 20.56% from the company’s current price.
UBM has been the subject of a number of other recent research reports. Analysts at Westhouse Securities raised their price target on shares of UBM (LON:UBM) from GBX 805 ($12.78) to GBX 855 ($13.58) in a research note to investors on Monday. They now have an “add” rating on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of UBM (LON:UBM) from a “neutral” rating to an “overweight” rating in a research note to investors on Wednesday, September 11th. They now have a GBX 830 ($13.18) price target on the stock, up previously from GBX 775 ($12.31).
Six analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. UBM presently has a consensus rating of “Buy” and a consensus price target of GBX 814.23 ($12.93).
Shares of UBM (LON:UBM) opened at 738.00 on Monday. UBM has a 52-week low of GBX 627.00 and a 52-week high of GBX 795.00. The stock’s 50-day moving average is GBX 710.9 and its 200-day moving average is GBX 706.7. The company’s market cap is £1.807 billion.
UBM plc is a global events-led marketing services and communications company. We help businesses do business, bringing the world’s buyers and sellers together at events and online, as well as producing and distributing news and specialist content.
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