UBM Plc (UBM) Insider Purchases £152.02 in Stock
UBM Plc (LON:UBM) insider Tim Cobbold acquired 22 shares of the firm’s stock in a transaction dated Monday, October 16th. The stock was bought at an average cost of GBX 691 ($9.18) per share, with a total value of £152.02 ($201.99).
Shares of UBM Plc (LON UBM) opened at 689.50 on Friday. The stock’s market capitalization is GBX 2.71 billion. The firm’s 50-day moving average price is GBX 672.19 and its 200 day moving average price is GBX 700.76. UBM Plc has a 1-year low of GBX 639.00 and a 1-year high of GBX 777.50.
The business also recently declared a dividend, which was paid on Thursday, October 12th. Stockholders of record on Thursday, September 7th were given a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a dividend yield of 0.78%.
Several equities analysts have recently issued reports on UBM shares. Deutsche Bank AG reissued a “hold” rating and issued a GBX 725 ($9.63) price objective on shares of UBM Plc in a report on Monday, July 31st. Shore Capital reaffirmed a “buy” rating on shares of UBM Plc in a report on Tuesday, August 22nd. Goldman Sachs Group, Inc. (The) raised UBM Plc to a “buy” rating and reduced their price target for the stock from GBX 857 ($11.39) to GBX 845 ($11.23) in a report on Monday, July 24th. Barclays PLC reduced their price target on UBM Plc from GBX 755 ($10.03) to GBX 740 ($9.83) and set an “equal weight” rating for the company in a report on Friday, July 7th. Finally, Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 905 ($12.02) price target on shares of UBM Plc in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 769.13 ($10.22).
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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