Reaffirmed: UBM (LON:UBM) Buy Rating Maintained by equity analysts Canaccord Genuity; GBX 600 Target in Place

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UBM (LON:UBM) Rating Reaffirmed

They currently have a GBX 600 target on UBM (LON:UBM). The target price by Canaccord Genuity would suggest a potential upside of 18.69% from the company’s last price. This has been disclosed in a recent report on Monday, 21 December.

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 13.67% above today’s (GBX 508) 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 221,860 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.

Reaffirmed: UBM (LON:UBM) Buy Rating Maintained by equity analysts Canaccord Genuity; GBX 600 Target in Place

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 20.26 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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