Panmure Gordon Reiterates “Buy” Rating for UBM (UBM)
UBM (LON:UBM)‘s stock had its “buy” rating restated by analysts at Panmure Gordon in a research report issued to clients and investors on Friday, ARN reports. They currently have a GBX 900 ($14.42) target price on the stock. Panmure Gordon’s target price suggests a potential upside of 24.31% from the stock’s previous close.
Shares of UBM (LON:UBM) opened at 724.00 on Friday. UBM has a 1-year low of GBX 627.00 and a 1-year high of GBX 795.00. The stock has a 50-day moving average of GBX 715.9 and a 200-day moving average of GBX 705.5. The company’s market cap is £1.773 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of UBM (LON:UBM) in a research note to investors on Friday. They now have a GBX 855 ($13.70) price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of UBM (LON:UBM) in a research note to investors on Thursday. They now have a GBX 788 ($12.62) price target on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of UBM (LON:UBM) in a research note to investors on Friday, September 20th. They now have a GBX 790 ($12.65) price target on the stock. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 813.22 ($13.03).
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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