Key Analysts at Nomura Have Maintained their ‘Neutral’ rating for Ubm (LON:UBM) Shares Today. Their Price Target Provided Is GBX 560.00

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Ubm (LON:UBM) Rating Reaffirmed

London: In a recent report revealed on 16 December, Nomura reaffirmed their Neutral rating on Ubm (LON:UBM) shares. They now have a GBX 560.00 target PPS on the firm. Nomura’s target may suggest a potential upside of 11.33% from the company’s last price.

From a total of 20 analysts covering UBM Plc (LON:UBM) stock, 10 rate it a ”Buy”, 2 a “Sell”, and 9 a ”Hold”. This means that 48% 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 15.21% above today’s (GBX 501.21) stock price. UBM Plc was the topic of 60 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 16 with “Neutral” rating. Liberum Capital maintained shares with “Buy” rating and GBX 700 target share price in a report from a December 15. Canaccord Genuity maintained UBM stock in a recent report from December 15 with “Buy” rating. BNP Paribas maintained the rating on December 11. BNP Paribas has a “Neutral” rating and a GBX 530 price target on shares. Finally, Peel Hunt maintained the stock with “Buy” rating in a report issued on a December 15.

Approximately 396,930 shares of stock traded hands. UBM Plc (LON:UBM) has declined 9.91% since May 19, 2015 and is downtrending. It has underperformed by 7.29% the S&P500.

Key Analysts at Nomura Have Maintained their ‘Neutral’ rating for Ubm (LON:UBM) Shares Today. Their Price Target Provided Is GBX 560.00

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 2.13 billion GBP. The Firm operates in three business divisions: Events, Other Marketing Services and PR Newswire. It has 19.99 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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