UBM’s Outperform Rating Reaffirmed at BNP Paribas (UBM)
UBM (LON:UBM)‘s stock had its “outperform” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Thursday, AR Network reports. They currently have a GBX 830 ($13.39) price target on the stock. BNP Paribas’ target price indicates a potential upside of 15.76% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of UBM (LON:UBM) in a research note to investors on Wednesday. They now have a GBX 890 ($14.36) price target on the stock. Separately, 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. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. UBM has a consensus rating of “Buy” and a consensus price target of GBX 814.52 ($13.14).
UBM (LON:UBM) traded up 0.28% on Thursday, hitting GBX 719.00. The stock had a trading volume of 559,468 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 £1.761 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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