Breaking: UBM Plc (LON:UBM) “Neutral” Rating Maintained by equity analysts Nomura Today; The Target Price per Share Given is GBX 570.00

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UBM Plc (LON:UBM) Rating Reaffirmed

London: In analysts report issued to clients and investors on 3 December, Nomura kept steady their “Neutral” rating on UBM Plc (LON:UBM) shares. They now have a GBX 570.00 target on the firm. Nomura’s target may imply a potential upside of 12.45% from the company’s current stock price.

From a total of 21 analysts covering UBM Plc (LON:UBM) stock, 11 rate it a ”Buy”, 2 a “Sell”, and 9 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 710 while the lowest target price is GBX 470. The mean of all analyst targets is GBX 572.81 with a 13.63% above today’s (GBX 506.87) stock price. UBM Plc was the topic of 52 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Neutral” rating. JP Morgan maintained shares with “Overweight” rating and GBX 605 target share price in a report from a November 11. BNP Paribas maintained UBM stock in a recent report from November 11 with “Neutral” rating. Investec maintained the rating on November 10. Investec has a “Hold” rating and a GBX 509 price target on shares. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on a November 11.

The stock increased 0.07% or GBX 0.37 on December 2, striking GBX 506.87. Approximately shares of stock traded hands. UBM Plc (LON:UBM) has declined 8.82% since May 6, 2015 and is downtrending. It has underperformed by 8.53% the S&P500.

Breaking: UBM Plc (LON:UBM)

UBM plc is a global business-to-business marketing services and communications company, whose primary focus is Events. The company has a market cap of 2.24 billion GBP. The Firm operates in three business divisions: Events, Other Marketing Services and PR Newswire. It has 20.21 P/E ratio. The Company’s Events segment organizes tradeshows and other live in person events, which enable businesses to do business, transact, learn and network as part of a professional or commercial community.

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