UBM Plc Given Consensus Recommendation of “Buy” by Brokerages (LON:UBM)
Shares of UBM Plc (LON:UBM) have earned a consensus rating of “Buy” from the twenty-four ratings firms that are presently covering the company, AnalystRatings.NET reports. Eleven 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. The average 1-year target price among analysts that have covered the stock in the last year is GBX 773.21 ($12.96).
UBM Plc (LON:UBM) traded down 0.28% on Thursday, hitting GBX 705.00. The stock had a trading volume of 153,565 shares. UBM Plc has a 52-week low of GBX 619.00 and a 52-week high of GBX 795.00. The stock has a 50-day moving average of GBX 691.3 and a 200-day moving average of GBX 695.7. The company’s market cap is £1.727 billion.
A number of analysts have recently weighed in on UBM shares. Analysts at Westhouse Securities reiterated an “add” rating on shares of UBM Plc in a research note on Wednesday. They now have a GBX 755 ($12.65) price target on the stock. Separately, analysts at Credit Suisse downgraded shares of UBM Plc to a “neutral” rating in a research note on Friday, February 14th. They now have a GBX 735 ($12.32) price target on the stock, down previously from GBX 800 ($13.41). Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of UBM Plc in a research note on Thursday, February 13th. They now have a GBX 840 ($14.08) price target on the stock.
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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