Liberum Capital Reiterates Buy Rating for UBM plc (UBM)
UBM plc (LON:UBM)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 840 ($11.05) target price on the stock. Liberum Capital’s price objective indicates a potential upside of 15.86% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. Shore Capital restated a “buy” rating on shares of UBM plc in a research report on Thursday, November 9th. Citigroup Inc. restated a “buy” rating on shares of UBM plc in a research report on Wednesday, November 8th. J P Morgan Chase & Co upgraded shares of UBM plc to an “overweight” rating and raised their price objective for the company from GBX 822 ($10.81) to GBX 838 ($11.02) in a research report on Thursday, November 2nd. Barclays PLC upgraded shares of UBM plc to an “overweight” rating and raised their price objective for the company from GBX 745 ($9.80) to GBX 755 ($9.93) in a research report on Thursday, September 28th. Finally, Peel Hunt upgraded shares of UBM plc to a “buy” rating and set a GBX 760 ($10.00) price objective for the company in a research report on Monday, September 4th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 770.20 ($10.13).
Shares of UBM plc (LON:UBM) opened at GBX 725 ($9.54) on Tuesday. UBM plc has a 12 month low of GBX 639 ($8.40) and a 12 month high of GBX 777.50 ($10.23).
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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.
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