UBM (LON:UBM) Rating Reaffirmed
Professional analysts at Exane BNP Paribas now has a GBX 530 Estimated Target Price on UBM (LON:UBM). Exane BNP Paribas and their recent Estimated Target Price would possibly suggest a potential upside of 9.08% from the company’s close price. The rating has been announced in analysts note on 11 December.
From a total of 20 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 573.2 with a 19.11% above today’s (GBX 484.2) stock price. UBM Plc was the topic of 53 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 510 target share price in a report from a November 11. Credit Suisse maintained UBM stock in a recent report from November 24 with “Outperform” rating. JP Morgan maintained the rating on November 11. JP Morgan has a “Overweight” rating and a GBX 605 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 11.
Approximately 219,123 shares of stock traded hands. UBM Plc (LON:UBM) has declined 11.81% since May 14, 2015 and is downtrending. It has underperformed by 8.79% the S&P500.
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 2.16 billion GBP. The Firm operates in three business divisions: Events, Other Marketing Services and PR Newswire. It has 19.31 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.