Kepler Capital Markets Reiterates “Buy” Rating for UBM Plc (UBM)
UBM Plc (LON:UBM)‘s stock had its “buy” rating reiterated by equities researchers at Kepler Capital Markets in a research report issued on Tuesday. They currently have a GBX 850 ($14.55) price target on the stock. Kepler Capital Markets’ target price suggests a potential upside of 30.77% from the stock’s previous close.
A number of other firms have also recently commented on UBM. Analysts at Credit Suisse reiterated a “neutral” rating on shares of UBM Plc in a research note on Tuesday. They now have a GBX 735 ($12.58) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of UBM Plc in a research note on Monday. They now have a GBX 743 ($12.72) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of UBM Plc in a research note on Thursday, July 10th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 743.16 ($12.72).
Shares of UBM Plc (LON:UBM) traded down 1.59% during mid-day trading on Tuesday, hitting GBX 650.00. 566,483 shares of the company’s stock traded hands. UBM Plc has a 52 week low of GBX 619.00 and a 52 week high of GBX 759.00. The stock has a 50-day moving average of GBX 661.7 and a 200-day moving average of GBX 675.4. The company’s market cap is £1.595 billion.
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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