UBM (LON: UBM)‘s stock had its “hold” rating restated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday. They currently have a $11.61 (766 GBX) price target on the stock.
A number of other firms have also recently commented on UBM. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of UBM in a research note to investors on Friday. They now have a $11.29 price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of UBM in a research note to investors on Friday. They now have a $11.29 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of UBM in a research note to investors on Wednesday. They now have a $11.68 price target on the stock.
Shares of UBM traded down 4.65% during mid-day trading on Friday, hitting GBX 738.00. UBM has a one year low of GBX 509.00 and a one year high of GBX 795.00. The stock’s 50-day moving average is currently GBX 713.. The company’s market cap is £1.805 billion.
UBM plc is a holding company. The Company operates in five segments: Events, which provide face to face interaction in the form of exhibitions, trade shows, conferences and other live events; PR Newswire, which operates in the targeting and distribution of company information and the evaluation of its impact on targeted audiences; Data Services, which provide data-based workflow products, intellectual property consultancy and analytical services and sales lead generation program; Marketing Services Online, which provides Website sponsorships and banner advertising, and Marketing Services Print.
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