UBM (LON:UBM)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a research report issued on Wednesday. They currently have a GBX 760 ($10.31) target price on the stock. Liberum Capital’s target price points to a potential upside of 4.18% from the stock’s current price.
Several other research firms have also recently issued reports on UBM. Deutsche Bank increased their price objective on UBM from GBX 725 ($9.83) to GBX 830 ($11.26) and gave the stock a “hold” rating in a research report on Monday, December 4th. JPMorgan Chase & Co. increased their price objective on UBM from GBX 838 ($11.36) to GBX 879 ($11.92) and gave the stock an “overweight” rating in a research report on Thursday, November 30th. Shore Capital reiterated a “buy” rating on shares of UBM in a research report on Wednesday, November 15th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 825 ($11.19) price objective on shares of UBM in a research report on Friday, November 24th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 760 ($10.31) price objective on shares of UBM in a research report on Monday, December 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 781.71 ($10.60).
UBM (LON:UBM) opened at GBX 729.50 ($9.89) on Wednesday. The stock has a market capitalization of $2,950.00 and a price-to-earnings ratio of 3,171.74. UBM has a 52-week low of GBX 639 ($8.67) and a 52-week high of GBX 777.50 ($10.54).
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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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