UBM Receives Hold Rating from Numis Securities Ltd (UBM)
UBM (LON:UBM)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 764 ($12.35) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 12.19% from the stock’s previous close.
Shares of UBM (LON:UBM) traded up 0.29% on Tuesday, hitting GBX 681.00. The stock had a trading volume of 1,139,317 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 718.9 and its 200-day moving average is GBX 705.0. The company’s market cap is £1.668 billion.
A number of other analysts have also recently weighed in on UBM. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of UBM in a research note to investors on Tuesday, October 22nd. They now have a GBX 700 ($11.32) price target on the stock. Separately, analysts at Westhouse Securities downgraded shares of UBM to an “add” rating in a research note to investors on Tuesday, October 22nd. They now have a GBX 812 ($13.13) price target on the stock, down previously from GBX 855 ($13.83). Finally, analysts at Macquarie reiterated a “neutral” rating on shares of UBM in a research note to investors on Thursday, October 17th. They now have a GBX 700 ($11.32) price target on the stock. Eleven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. UBM currently has an average rating of “Buy” and a consensus target price of GBX 793.36 ($12.83).
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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