UBM Plc (UBM) Given Consensus Rating of “Hold” by Analysts

Shares of UBM Plc (LON:UBM) have been assigned a consensus rating of “Hold” from the sixteen ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 771.58 ($10.46).

Several equities analysts have weighed in on the stock. Deutsche Bank restated a “hold” rating on shares of UBM in a report on Wednesday. Peel Hunt raised their target price on shares of UBM from GBX 760 ($10.31) to GBX 810 ($10.98) and gave the company a “buy” rating in a report on Wednesday. Liberum Capital restated a “hold” rating and set a GBX 760 ($10.31) target price on shares of UBM in a report on Tuesday. Shore Capital restated a “buy” rating on shares of UBM in a report on Wednesday. Finally, JPMorgan Chase & Co. upgraded shares of UBM to an “overweight” rating and raised their target price for the company from GBX 822 ($11.15) to GBX 838 ($11.36) in a report on Thursday, November 2nd.

UBM (LON UBM) opened at GBX 899 ($12.19) on Friday. UBM has a twelve month low of GBX 639 ($8.67) and a twelve month high of GBX 914 ($12.39). The firm has a market cap of $3,540.00 and a PE ratio of 3,908.70.

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UBM 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.

Analyst Recommendations for UBM (LON:UBM)

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