Nomura Reiterates Buy on UBM (UBM)
UBM (LON: UBM)‘s stock had its “buy” rating reiterated by investment analysts at Nomura in a note issued to investors on Friday.
UBM opened at 692.00 on Friday. UBM has a 1-year low of GBX 444.887 and a 1-year high of GBX 737.00. The company’s market cap is £1.692 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of UBM in a research note to investors on Thursday. They now have a $12.10 price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy/neutral” rating on shares of UBM in a research note to investors on Monday, October 8th. They now have a $15.73 price target on the stock.
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, which publishes magazines and trade press to specialist markets.
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