UBM Plc (UBM) Receives Average Rating of “Hold” from Brokerages

UBM Plc (LON:UBM) has earned an average rating of “Hold” from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 800.14 ($11.05).

A number of equities research analysts recently weighed in on UBM shares. JPMorgan Chase & Co. upgraded shares of UBM to an “overweight” rating and lifted their price objective for the company from GBX 822 ($11.36) to GBX 838 ($11.58) in a report on Thursday, November 2nd. Shore Capital reiterated a “buy” rating on shares of UBM in a report on Thursday, November 9th. Liberum Capital reiterated a “hold” rating and set a GBX 910 ($12.57) price objective on shares of UBM in a report on Tuesday, January 30th. Kepler Capital Markets reiterated a “hold” rating and set a GBX 750 ($10.36) price objective on shares of UBM in a report on Monday, November 20th. Finally, Deutsche Bank reiterated a “hold” rating and set a GBX 900 ($12.43) price objective (up previously from GBX 830 ($11.47)) on shares of UBM in a report on Monday, January 29th.

Shares of UBM (UBM) opened at GBX 880.50 ($12.16) on Wednesday. The stock has a market cap of $3,460.00 and a PE ratio of 3,828.26. UBM has a twelve month low of GBX 639 ($8.83) and a twelve month high of GBX 915.50 ($12.65).

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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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