Insider Buying: UBM Plc (UBM) Insider Acquires 22 Shares of Stock
UBM Plc (LON:UBM) insider Tim Cobbold acquired 22 shares of the business’s stock in a transaction dated Monday, October 16th. The stock was purchased at an average price of GBX 691 ($9.18) per share, for a total transaction of £152.02 ($201.99).
UBM Plc (UBM) traded up 0.15% on Tuesday, reaching GBX 690.00. The company’s stock had a trading volume of 1,097,472 shares. The stock’s 50 day moving average is GBX 670.32 and its 200-day moving average is GBX 701.79. The firm’s market capitalization is GBX 2.71 billion. UBM Plc has a 52 week low of GBX 639.00 and a 52 week high of GBX 777.50.
The company also recently declared a dividend, which was paid on Thursday, October 12th. Investors of record on Thursday, September 7th were paid a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a yield of 0.78%.
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A number of equities analysts have recently commented on UBM shares. Peel Hunt restated an “add” rating and issued a GBX 760 ($10.10) price objective on shares of UBM Plc in a report on Thursday, August 3rd. Shore Capital restated a “buy” rating on shares of UBM Plc in a report on Friday, July 28th. Liberum Capital restated a “buy” rating and issued a GBX 840 ($11.16) price objective on shares of UBM Plc in a report on Friday, July 28th. Citigroup Inc. restated a “buy” rating and issued a GBX 905 ($12.02) price objective on shares of UBM Plc in a report on Wednesday, July 26th. Finally, Goldman Sachs Group, Inc. (The) upgraded UBM Plc to a “buy” rating and cut their price objective for the stock from GBX 857 ($11.39) to GBX 845 ($11.23) in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. UBM Plc has a consensus rating of “Hold” and a consensus target price of GBX 769.13 ($10.22).
UBM Plc Company Profile
UBM plc is a business-to-business (B2B) event organizer. The Company’s segments include Events and Other Marketing Services. In total, the Company serves over 50 different communities. The Company operates in over 20 countries. Events segment provide face-to-face interaction in the form of exhibitions, tradeshows, conferences and other live events.
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