Westhouse Securities Reaffirms Buy Rating on UBM (UBM)
UBM (LON: UBM)‘s stock had its “buy” rating reaffirmed by research analysts at Westhouse Securities in a report released on Friday. They currently have a $11.53 (715 GBX) target price on the stock.
UBM opened at 699.00 on Friday. UBM has a 52-week low of GBX 422.30 and a 52-week high of GBX 732.50. The company’s market cap is £1.709 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of UBM in a research note to investors on Friday, September 14th. They now have a $13.47 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of UBM in a research note to investors on Wednesday, September 12th. They now have a $13.15 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of UBM in a research note to investors on Wednesday, September 5th. They now have a $12.06 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.
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.
