UBM’s “Hold” Rating Reaffirmed at Canaccord Genuity (UBM)
UBM opened at 771.00 on Monday. UBM has a 52-week low of GBX 509.00 and a 52-week high of GBX 793.00. The stock’s 50-day moving average is currently GBX 713.. The company’s market cap is £1.885 billion.
A number of other firms have also recently commented on UBM. Analysts at Liberum Capital raised their price target on shares of UBM from $12.52 to $13.93 in a research note to investors on Monday, February 11th. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase downgraded shares of UBM to a “neutral” rating in a research note to investors on Monday, February 11th. They now have a $12.05 price target on the stock, down previously from $12.52.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.