Shore Capital restated their buy rating on shares of UBM plc (LON:UBM) in a report issued on Thursday morning.
Several other equities research analysts also recently weighed in on the company. Citigroup Inc. reiterated a buy rating on shares of UBM plc in a report on Wednesday. J P Morgan Chase & Co upgraded UBM plc to an overweight rating and raised their price objective for the stock from GBX 822 ($10.81) to GBX 838 ($11.02) in a report on Thursday, November 2nd. Barclays PLC upgraded UBM plc to an overweight rating and raised their price objective for the stock from GBX 745 ($9.80) to GBX 755 ($9.93) in a report on Thursday, September 28th. Peel Hunt upgraded UBM plc to a buy rating and set a GBX 760 ($10.00) price objective on the stock in a report on Monday, September 4th. Finally, Berenberg Bank reduced their price objective on UBM plc from GBX 700 ($9.21) to GBX 650 ($8.55) and set a sell rating on the stock in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 770.20 ($10.13).
Shares of UBM plc (LON:UBM) opened at GBX 724 ($9.52) on Thursday. UBM plc has a fifty-two week low of GBX 639 ($8.40) and a fifty-two week high of GBX 777.50 ($10.23).
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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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