UBM Plc (UBM) Receives GBX 686.94 Average Price Target from Analysts
UBM Plc (LON:UBM) has received a consensus recommendation of “Hold” from the twenty-one ratings firms that are presently covering the company. Thirteen analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 686.94 ($8.50).
UBM has been the subject of a number of analyst reports. Peel Hunt restated an “add” rating and set a GBX 650 ($8.04) price objective on shares of UBM Plc in a report on Friday, July 29th. Beaufort Securities restated a “buy” rating on shares of UBM Plc in a report on Monday, June 20th. Canaccord Genuity boosted their price objective on shares of UBM Plc from GBX 640 ($7.92) to GBX 700 ($8.66) and gave the company a “buy” rating in a report on Friday, July 8th. Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 718 ($8.89) price objective on shares of UBM Plc in a report on Tuesday, July 19th. Finally, Shore Capital restated a “buy” rating on shares of UBM Plc in a report on Friday, July 29th.
Shares of UBM Plc (LON:UBM) opened at 740.00 on Tuesday. UBM Plc has a one year low of GBX 530.10 and a one year high of GBX 750.02. The company’s 50-day moving average is GBX 715.95 and its 200-day moving average is GBX 670.15. The company’s market capitalization is GBX 2.90 billion.
The business also recently disclosed a dividend, which was paid on Tuesday, October 11th. Shareholders of record on Thursday, September 8th were issued a GBX 5.40 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, September 8th. This represents a dividend yield of 0.81%.
UBM Plc Company Profile
UBM plc is a business-to-business (B2B) event organizer. The Company provides products and services to a range of specialist professional and commercial communities. The Company operates through two segments, 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.
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