UBM Plc Stock Rating Reaffirmed by Investec (UBM)
UBM Plc (LON:UBM)‘s stock had its “buy” rating reiterated by equities research analysts at Investec in a research note issued to investors on Wednesday. They currently have a GBX 743 ($12.61) price target on the stock. Investec’s price target indicates a potential upside of 13.96% from the company’s current price.
UBM Plc (LON:UBM) opened at 661.00 on Wednesday. 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 659.1 and its 200-day moving average is GBX 674.8. The company’s market cap is £1.622 billion.
UBM has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of UBM Plc in a research note on Wednesday. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of UBM Plc in a research note on Tuesday. They now have a GBX 840 ($14.26) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of UBM Plc in a research note on Friday, June 13th. They now have a GBX 755 ($12.82) price target on the stock. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 748 ($12.70).
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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