UBM Plc Rating Reiterated by Nomura (UBM)
UBM Plc (LON:UBM)‘s stock had its “neutral” rating reaffirmed by analysts at Nomura in a research report issued to clients and investors on Thursday, Stock Ratings Network reports.
A number of other firms have also recently commented on UBM. Analysts at Deutsche Bank reiterated a “buy” rating on shares of UBM Plc in a research note on Wednesday, April 16th. They now have a GBX 840 ($14.11) price target on the stock. Separately, 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 ($12.76) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “strong-buy” rating on shares of UBM Plc in a research note on Wednesday, April 2nd. Eleven analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. UBM Plc presently has an average rating of “Buy” and a consensus target price of GBX 744.62 ($12.51).
UBM Plc (LON:UBM) traded up 0.53% during mid-day trading on Thursday, hitting GBX 661.50. 815,245 shares of the company’s stock traded hands. UBM Plc has a 1-year low of GBX 619.00 and a 1-year high of GBX 759.00. The stock has a 50-day moving average of GBX 675.9 and a 200-day moving average of GBX 685.3. The company’s market cap is £1.623 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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