UBM Plc Rating Reiterated by JPMorgan Chase & Co. (UBM)
UBM Plc (LON:UBM)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, Stock Ratings News reports. They currently have a GBX 740 ($12.43) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 13.58% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of UBM Plc in a research note on Tuesday. They now have a GBX 725 ($12.18) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of UBM Plc in a research note on Tuesday. They now have a GBX 735 ($12.35) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of UBM Plc in a research note on Tuesday. They now have a GBX 760 ($12.77) price target on the stock. Eleven research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. UBM Plc presently has a consensus rating of “Buy” and a consensus price target of GBX 744.62 ($12.51).
Shares of UBM Plc (LON:UBM) remained flat at GBX 651.50 during during mid-day trading trading on Wednesday. 374,950 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 759.00. The stock’s 50-day moving average is GBX 670.0 and its 200-day moving average is GBX 683.7. The company’s market cap is £1.599 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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