UBM (OTCMKTS:UBMOF) was downgraded by investment analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Monday.
A number of other equities research analysts have also weighed in on UBMOF. Goldman Sachs Group reaffirmed a “neutral” rating on shares of UBM in a research note on Wednesday, January 24th. JPMorgan Chase & Co. raised shares of UBM from a “neutral” rating to an “overweight” rating in a research note on Thursday, November 2nd. Finally, JP Morgan Cazenove raised shares of UBM from a “neutral” rating to an “overweight” rating in a research note on Friday, November 3rd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. UBM currently has a consensus rating of “Buy”.
Shares of UBM (OTCMKTS UBMOF) traded up $0.11 on Monday, hitting $12.11. 300 shares of the stock were exchanged, compared to its average volume of 1,333. UBM has a 52-week low of $8.85 and a 52-week high of $12.11.
COPYRIGHT VIOLATION NOTICE: “UBM (UBMOF) Downgraded by Citigroup to Neutral” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/01/29/ubm-ubmof-downgraded-by-citigroup-to-neutral.html.
Receive News & Ratings for UBM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBM and related companies with MarketBeat.com's FREE daily email newsletter.