AlphaValue Reiterates Add Rating for UBM (UBM)
UBM (LON:UBM)‘s stock had its “add” rating reiterated by equities researchers at AlphaValue in a research report issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 777 ($12.47) price objective on the stock. AlphaValue’s price target suggests a potential upside of 12.45% from the company’s current price.
Shares of UBM (LON:UBM) traded up 1.59% on Thursday, hitting GBX 702.00. 640,843 shares of the company’s stock traded hands. UBM has a one year low of GBX 627.00 and a one year high of GBX 795.00. The stock’s 50-day moving average is GBX 716.6 and its 200-day moving average is GBX 704.1. The company’s market cap is £1.719 billion.
UBM has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of UBM in a research note to investors on Thursday, October 3rd. They now have a GBX 830 ($13.32) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of UBM in a research note to investors on Wednesday, October 2nd. They now have a GBX 890 ($14.28) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of UBM in a research note to investors on Friday, September 27th. They now have a GBX 900 ($14.44) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. UBM currently has an average rating of “Buy” and a consensus target price of GBX 814.02 ($13.06).
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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