UBM Plc Rating Reiterated by Deutsche Bank (UBM)
UBM Plc (LON:UBM)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, Stock Ratings News reports. They currently have a GBX 840 ($14.05) price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 28.05% from the stock’s previous close.
UBM Plc (LON:UBM) traded up 0.53% during mid-day trading on Wednesday, hitting GBX 659.50. The stock had a trading volume of 176,510 shares. UBM Plc has a one year low of GBX 619.00 and a one year high of GBX 759.00. The stock has a 50-day moving average of GBX 691.8 and a 200-day moving average of GBX 690.9. The company’s market cap is £1.618 billion.
A number of other firms have also recently commented on UBM. Analysts at UBS AG reiterated a “buy” rating on shares of UBM Plc in a research note on Tuesday, April 8th. They now have a GBX 760 ($12.72) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “strong-buy” rating on shares of UBM Plc in a research note on Wednesday, April 2nd. Finally, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of UBM Plc in a research note on Wednesday, April 2nd. Eleven research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 741.91 ($12.41).
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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