UBM Plc’s Add Rating Reaffirmed at Westhouse Securities (UBM)
UBM Plc (LON:UBM)‘s stock had its “add” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Monday. They currently have a GBX 755 ($12.82) price target on the stock. Westhouse Securities’ price target indicates a potential upside of 18.99% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of UBM Plc in a research note on Tuesday, July 22nd. They now have a GBX 775 ($13.16) price target on the stock. Separately, analysts at Panmure Gordon downgraded shares of UBM Plc to a “sell” rating in a research note on Tuesday, July 22nd. They now have a GBX 590 ($10.02) price target on the stock, down previously from GBX 940 ($15.96). Finally, analysts at Nomura reiterated a “neutral” rating on shares of UBM Plc in a research note on Monday, July 21st. They now have a GBX 720 ($12.23) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. UBM Plc has a consensus rating of “Buy” and an average target price of GBX 725.48 ($12.32).
UBM Plc (LON:UBM) traded up 0.08% during mid-day trading on Monday, hitting GBX 634.50. The stock had a trading volume of 479,192 shares. UBM Plc has a one year low of GBX 619.00 and a one year high of GBX 759.00. The stock’s 50-day moving average is GBX 656.8 and its 200-day moving average is GBX 674.5. The company’s market cap is £1.557 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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