UBM Plc Rating Reiterated by Westhouse Securities (UBM)
UBM Plc (LON:UBM)‘s stock had its “add” rating reiterated by analysts at Westhouse Securities in a research report issued to clients and investors on Friday. They currently have a GBX 755 ($12.69) price target on the stock. Westhouse Securities’ price target would indicate a potential upside of 13.96% from the stock’s previous close.
UBM Plc (LON:UBM) opened at 655.00 on Friday. UBM Plc has a 1-year low of GBX 619.00 and a 1-year high of GBX 759.00. The stock’s 50-day moving average is GBX 659.7 and its 200-day moving average is GBX 675.. The company’s market cap is £1.607 billion.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of UBM Plc in a research note on Wednesday, June 4th. They now have a GBX 870 ($14.63) price target on the stock. Separately, analysts at Investec cut their price target on shares of UBM Plc from GBX 760 ($12.78) to GBX 743 ($12.49) in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. UBM Plc presently has an average rating of “Buy” and a consensus price target of GBX 743 ($12.49).
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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