UBM Receives “Buy” Rating from Liberum Capital (UBM)
UBM (LON:UBM)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Wednesday, ARN reports. They currently have a GBX 890 ($14.36) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 24.13% from the company’s current price.
Shares of UBM (LON:UBM) traded down 0.49% during mid-day trading on Wednesday, hitting GBX 717.00. The stock had a trading volume of 312,848 shares. 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 715.9 and its 200-day moving average is GBX 705.5. The company’s market cap is £1.756 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of UBM (LON:UBM) in a research note to investors on Friday, September 27th. They now have a GBX 900 ($14.52) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of UBM (LON:UBM) in a research note to investors on Friday, September 27th. They now have a GBX 855 ($13.79) price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of UBM (LON:UBM) in a research note to investors on Thursday, September 26th. They now have a GBX 788 ($12.71) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 813.62 ($13.13).
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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