UBM (UBM) Stock Rating Reaffirmed by Deutsche Bank

UBM (LON:UBM)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank in a note issued to investors on Monday. They presently have a GBX 900 ($12.64) target price on the stock, up from their previous target price of GBX 830 ($11.66). Deutsche Bank’s price target indicates a potential downside of 0.99% from the stock’s current price.

Other equities analysts have also issued reports about the company. Kepler Capital Markets reiterated a “hold” rating and issued a GBX 750 ($10.53) target price on shares of UBM in a research note on Monday, November 20th. Liberum Capital reiterated a “hold” rating and issued a GBX 910 ($12.78) target price on shares of UBM in a research note on Tuesday. JPMorgan Chase & Co. upgraded UBM to an “overweight” rating and upped their target price for the company from GBX 822 ($11.54) to GBX 838 ($11.77) in a research note on Thursday, November 2nd. Shore Capital reiterated a “buy” rating on shares of UBM in a research note on Wednesday, January 17th. Finally, Societe Generale reiterated a “hold” rating and issued a GBX 775 ($10.88) target price on shares of UBM in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 807.13 ($11.33).

UBM (UBM) opened at GBX 909 ($12.77) on Monday. The company has a market capitalization of $3,570.00 and a price-to-earnings ratio of 3,952.17. UBM has a 12 month low of GBX 639 ($8.97) and a 12 month high of GBX 914 ($12.84).

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About UBM

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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