UBM Plc Given Consensus Rating of “Buy” by Brokerages (LON:UBM)
Shares of UBM Plc (LON:UBM) have received an average recommendation of “Buy” from the twenty-four analysts that are currently covering the company, American Banking News.com reports. Eleven analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 748 ($12.74).
Shares of UBM Plc (LON:UBM) opened at 671.00 on Tuesday. 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 658.8 and its 200-day moving average is GBX 673.9. The company’s market cap is £1.646 billion.
A number of research firms have recently commented on UBM. Analysts at Liberum Capital reiterated a “buy” rating on shares of UBM Plc in a research note on Monday. They now have a GBX 840 ($14.31) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of UBM Plc in a research note on Tuesday, June 24th. They now have a GBX 870 ($14.82) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of UBM Plc in a research note on Monday, June 23rd. They now have a GBX 820 ($13.97) price target on the stock.
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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