Peel Hunt reaffirmed their add rating on shares of UBM Plc (LON:UBM) in a report published on Friday morning. Peel Hunt currently has a GBX 760 ($10.03) target price on the stock.

Several other equities analysts have also recently issued reports on the stock. Shore Capital reiterated a buy rating on shares of UBM Plc in a research report on Wednesday, April 19th. Credit Suisse Group reiterated a neutral rating and set a GBX 800 ($10.55) price target on shares of UBM Plc in a research report on Friday, May 5th. Barclays PLC reduced their price target on shares of UBM Plc from GBX 755 ($9.96) to GBX 740 ($9.76) and set an equal weight rating on the stock in a research report on Friday, July 7th. Liberum Capital reiterated a buy rating and set a GBX 840 ($11.08) price target on shares of UBM Plc in a research report on Friday, June 16th. Finally, Beaufort Securities reiterated a buy rating on shares of UBM Plc in a research report on Thursday, May 18th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 771.80 ($10.18).

Shares of UBM Plc (LON UBM) opened at 717.00 on Friday. The firm’s 50-day moving average price is GBX 699.34 and its 200-day moving average price is GBX 721.00. UBM Plc has a one year low of GBX 622.50 and a one year high of GBX 777.50. The firm’s market capitalization is GBX 2.82 billion.

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

In other news, insider Tim Cobbold sold 112,666 shares of the stock in a transaction that occurred on Tuesday, June 27th. The shares were sold at an average price of GBX 702 ($9.26), for a total transaction of £790,915.32 ($1,043,286.27). Also, insider Warren Finegold purchased 20,000 shares of the business’s stock in a transaction dated Friday, July 28th. The shares were purchased at an average price of GBX 703 ($9.27) per share, for a total transaction of £140,600 ($185,463.66). In the last quarter, insiders have bought 21,043 shares of company stock worth $14,809,138.

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.

Analyst Recommendations for UBM Plc (LON:UBM)

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