Shares of UBM Plc (LON:UBM) have received a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 766.21 ($9.91).

UBM has been the subject of several analyst reports. Citigroup Inc. restated a “buy” rating and set a GBX 905 ($11.70) price target on shares of UBM Plc in a report on Friday, May 5th. Deutsche Bank AG restated a “hold” rating and set a GBX 725 ($9.38) price target on shares of UBM Plc in a report on Monday, July 31st. Credit Suisse Group restated a “neutral” rating and set a GBX 800 ($10.35) price target on shares of UBM Plc in a report on Friday, May 5th. Shore Capital restated a “buy” rating on shares of UBM Plc in a report on Tuesday, August 22nd. Finally, Liberum Capital restated a “buy” rating and set a GBX 840 ($10.86) price target on shares of UBM Plc in a report on Wednesday, May 17th.

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In other UBM Plc news, insider Tim Cobbold sold 112,666 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of GBX 702 ($9.08), for a total value of £790,915.32 ($1,022,911.69). Also, insider Warren Finegold bought 20,000 shares of the company’s stock in a transaction on Friday, July 28th. The stock was purchased at an average cost of GBX 703 ($9.09) per share, for a total transaction of £140,600 ($181,841.70). Insiders acquired 20,064 shares of company stock worth $14,105,036 over the last three months.

UBM Plc (UBM) traded down 0.73% on Wednesday, hitting GBX 678.50. The company’s 50 day moving average price is GBX 697.85 and its 200 day moving average price is GBX 719.19. UBM Plc has a 52 week low of GBX 668.00 and a 52 week high of GBX 777.50. The stock’s market capitalization is GBX 2.67 billion.

The company also recently announced a dividend, which will be paid on Thursday, October 12th. Shareholders of record on Thursday, September 7th will be given a GBX 5.50 ($0.07) dividend. The ex-dividend date is Thursday, September 7th. This represents a yield of 0.78%.

About UBM Plc

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 Plc (LON:UBM)

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