November 29, 2016 - By olga
They currently have a GBX 700.00 TP on Ubm (LON:UBM). Berenberg Bank’s target would suggest a potential downside of -1.69% from the company’s previous close. This was disclosed to clients in an analyst report on Tuesday, 29 November.
Out of 22 analysts covering UBM Plc (LON:UBM), 9 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 41% are positive. GBX 815 is the highest target while GBX 470 is the lowest. The GBX 671.50 average target is -5.68% below today’s (GBX 711.94) stock price. UBM Plc has been the topic of 125 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, July 31 by Canaccord Genuity. The stock has “Hold” rating given by Peel Hunt on Thursday, November 10. The firm has “Add” rating by Peel Hunt given on Monday, June 13. Liberum Capital maintained it with “Buy” rating and GBX 700 target price in Friday, July 31 report. On Wednesday, July 27 the stock rating was reinitiated by Barclays Capital with “Equal Weight”. On Friday, July 31 the stock rating was maintained by Investec with “Hold”. As per Monday, June 6, the company rating was maintained by Beaufort Securities. As per Thursday, February 25, the company rating was maintained by Canaccord Genuity. The stock of UBM Plc (LON:UBM) has “Buy” rating given on Thursday, July 23 by AlphaValue. Canaccord Genuity maintained UBM Plc (LON:UBM) on Monday, December 21 with “Buy” rating.
The stock increased 1.85% or GBX 12.94 on November 29, hitting GBX 711.94. About 1.15 million shares traded hands or 11.65% up from the average. UBM Plc (LON:UBM) has risen 9.20% since April 29, 2016 and is uptrending. It has outperformed by 3.94% the S&P500.
UBM plc is a business-to-business event organizer. The company has a market cap of 2.80 billion GBP. The Firm provides services and products to a range of specialist professional and commercial communities. It has a 30.81 P/E ratio. The Firm operates through two divisions, including Events, which organizes tradeshows and other live in person events that enable businesses to do business, transact, learn and network as part of a professional or commercial community, and Other Marketing Services, which includes Marketing Services-Online and Marketing Services-Print and offers a range of sector specific digital and print products, such as community Websites, digital directories and print publications.
More news for UBM Plc (LON:UBM) were recently published by: Prnewswire.com, which released: “UBM plc announces the sale of PR Newswire to Cision for $841m and proposes to …” on December 15, 2015. Crainscleveland.com‘s article titled: “Content Marketing Institute of Cleveland sold to UBM plc for $17.6 million” and published on June 01, 2016 is yet another important article.
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