UBM Plc Receives “Buy” Rating from Citigroup Inc. (UBM)
UBM Plc (LON:UBM)‘s stock had its “buy” rating restated by Citigroup Inc. in a research note issued on Monday. They currently have a GBX 820 ($13.96) price target on the stock. Citigroup Inc.’s price target would indicate a potential upside of 25.57% from the stock’s previous close.
UBM Plc (LON:UBM) traded up 0.38% on Monday, hitting GBX 655.50. 636,020 shares of the company’s stock traded hands. UBM Plc has a one year low of GBX 619.00 and a one year high of GBX 759.00. The stock has a 50-day moving average of GBX 659.1 and a 200-day moving average of GBX 674.3. The company’s market cap is £1.608 billion.
A number of other analysts have also recently weighed in on UBM. Analysts at Investec reiterated a “buy” rating on shares of UBM Plc in a research note on Wednesday, June 18th. They now have a GBX 743 ($12.64) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of UBM Plc in a research note on Wednesday, June 18th. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of UBM Plc in a research note on Tuesday, June 17th. They now have a GBX 840 ($14.30) price target on the stock. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. UBM Plc currently has a consensus rating of “Buy” and a consensus price target of GBX 748 ($12.73).
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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