UBM Price Target Increased to $11.19 by Analysts at Citigroup (UBM)
UBM (LON: UBM) had its target price upped by Citigroup from $10.96 (734 GBX) to $11.19 (749 GBX) in a research note issued to investors on Monday. The firm currently has a neutral rating on the stock.
Shares of UBM traded down 1.04% during mid-day trading on Monday, hitting GBX 712.50. 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 £1.741 billion.
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley reiterated an overweight rating on shares of UBM in a research note to investors on Friday, March 8th. They now have a $12.78 price target on the stock. Separately, analysts at Nomura reiterated a buy rating on shares of UBM in a research note to investors on Tuesday, March 5th. They now have a $13.53 price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of UBM from $10.07 to $12.55 in a research note to investors on Monday, March 4th. They now have a buy rating 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.
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