UBM Plc Stock Rating Upgraded by Westhouse Securities (UBM)
UBM Plc (LON:UBM) was upgraded by Westhouse Securities to a “buy” rating in a research note issued on Friday. The firm currently has a GBX 880 ($14.79) price objective on the stock, up from their previous price objective of GBX 755 ($12.69). Westhouse Securities’ price target points to a potential upside of 32.83% from the company’s current price.
UBM Plc (LON:UBM) opened at 655.00 on Friday. 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 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 equities research 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 company’s stock. UBM Plc 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.