Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs cut their price target on shares of UBM from $13.68 to $13.08 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Investec Securities reiterated a “hold” rating on shares of UBM in a research note to investors on Friday. They now have a $11.19 price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of UBM in a research note to investors on Friday. They now have a $12.45 price target on the stock, up previously from $12.45.
UBM opened at 742.00 on Monday. UBM has a 1-year low of GBX 509.00 and a 1-year high of GBX 795.00. The stock’s 50-day moving average is currently GBX 713.. The company’s market cap is £1.815 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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