UBM (UBM) Stock Rating Reaffirmed by Shore Capital
UBM has been the topic of several other reports. Peel Hunt restated a buy rating and set a GBX 760 ($10.31) price target on shares of UBM in a report on Monday, December 4th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 838 ($11.36) price target on shares of UBM in a report on Wednesday, November 15th. Liberum Capital reaffirmed a buy rating and issued a GBX 840 ($11.39) price objective on shares of UBM in a research note on Tuesday, November 14th. Barclays raised shares of UBM to an overweight rating and lifted their price objective for the company from GBX 745 ($10.10) to GBX 755 ($10.24) in a research note on Thursday, September 28th. Finally, Deutsche Bank lifted their price objective on shares of UBM from GBX 725 ($9.83) to GBX 830 ($11.26) and gave the company a hold rating in a research note on Monday, December 4th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 785.29 ($10.65).
UBM (UBM) opened at GBX 899 ($12.19) on Wednesday. UBM has a fifty-two week low of GBX 639 ($8.67) and a fifty-two week high of GBX 914 ($12.39). The company has a market cap of $3,540.00 and a price-to-earnings ratio of 3,908.70.
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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