UBM Plc (LON:UBM) “Buy” Rating Has Just Been Reiterated by Canaccord Genuity

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UBM Plc (LON:UBM) Rating Reaffirmed

This Morning, Canaccord Genuity reconfirmed their “Buy” rating on UBM Plc (LON:UBM) shares in a recent report disseminated.

From a total of 16 analysts covering UBM Plc (LON:UBM) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 578.13 with a 13.22% above today’s (GBX 510) stock price. UBM Plc was the topic of 61 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on December 18 with “Hold” rating. Peel Hunt maintained shares with “Buy” rating and GBX 580 target share price in a report from a December 15. Morgan Stanley maintained UBM stock in a recent report from December 15 with “Overwt/Attractive” rating. Liberum Capital maintained the rating on December 15. Liberum Capital has a “Buy” rating and a GBX 700 price target on shares. Finally, Investec maintained the stock with “Hold” rating in a report issued on a December 15.

Approximately 122,142 shares of stock traded hands. UBM Plc (LON:UBM) has declined 8.64% since May 22, 2015 and is downtrending. It has underperformed by 2.84% the S&P500.

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 2.25 billion GBP. The Firm operates in three business divisions: Events, Other Marketing Services and PR Newswire. It has 20.34 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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