UBM Plc Given “Buy” Rating at Liberum Capital (UBM)
UBM Plc (LON:UBM)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a report released on Thursday, Stock Ratings News reports. They currently have a GBX 840 ($13.78) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 22.00% from the stock’s previous close.
UBM has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of UBM Plc in a research note on Monday. They now have a GBX 840 ($13.78) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of UBM Plc in a research note on Friday, February 7th. They now have a GBX 700 ($11.48) price target on the stock. Finally, analysts at Nomura cut their price target on shares of UBM Plc from GBX 740 ($12.14) to GBX 720 ($11.81) in a research note on Tuesday, February 4th. They now have a “neutral” rating on the stock. Eleven investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 773.21 ($12.69).
Shares of UBM Plc (LON:UBM) traded down 1.08% during mid-day trading on Thursday, hitting GBX 688.50. 1,729,876 shares of the company’s stock traded hands. UBM Plc has a 52-week low of GBX 619.00 and a 52-week high of GBX 795.00. The stock’s 50-day moving average is GBX 687.4 and its 200-day moving average is GBX 696.3. The company’s market cap is £1.686 billion.
UBM plc is an events-led marketing and communications services business. The Company operates in three business areas: Events, Communications Services (LON:UBM) and Marketing Services.
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