UBM plc (UBM) Stock Rating Reaffirmed by J P Morgan Chase & Co
UBM plc (LON:UBM)‘s stock had its “overweight” rating reissued by stock analysts at J P Morgan Chase & Co in a report issued on Wednesday. They currently have a GBX 838 ($11.02) price objective on the stock. J P Morgan Chase & Co’s price objective points to a potential upside of 12.26% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. Peel Hunt reiterated an “add” rating and issued a GBX 760 ($10.00) price objective on shares of UBM plc in a research note on Thursday, August 3rd. Shore Capital reiterated a “buy” rating on shares of UBM plc in a research note on Tuesday, August 22nd. Liberum Capital reiterated a “buy” rating and issued a GBX 840 ($11.05) price objective on shares of UBM plc in a research note on Friday, July 28th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 905 ($11.90) price objective on shares of UBM plc in a research note on Wednesday, July 26th. Finally, Goldman Sachs Group, Inc. (The) upgraded UBM plc to a “buy” rating and decreased their price objective for the company from GBX 857 ($11.27) to GBX 845 ($11.11) in a research note on Monday, July 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 770.20 ($10.13).
UBM plc (UBM) opened at GBX 746.50 ($9.82) on Wednesday. UBM plc has a 52 week low of GBX 639 ($8.40) and a 52 week high of GBX 777.50 ($10.23).
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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