UBM (LON:UBM) had its target price lifted by Westhouse Securities from GBX 805 ($12.78) to GBX 855 ($13.58) in a research note released on Monday morning, Analyst Ratings Network.com reports. They currently have an add rating on the stock.
Shares of UBM (LON:UBM) opened at 724.00 on Monday. UBM has a 1-year low of GBX 627.00 and a 1-year high of GBX 795.00. The stock has a 50-day moving average of GBX 713.7 and a 200-day moving average of GBX 705.3. The company’s market cap is £1.773 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. upgraded shares of UBM (LON:UBM) from a neutral rating to an overweight rating in a research note to investors on Wednesday, September 11th. They now have a GBX 830 ($13.18) price target on the stock, up previously from GBX 775 ($12.31). Separately, analysts at Investec reiterated a hold rating on shares of UBM (LON:UBM) in a research note to investors on Tuesday, August 27th. They now have a GBX 690 ($10.96) price target on the stock, down previously from GBX 745 ($11.83). Finally, analysts at UBS AG upgraded shares of UBM (LON:UBM) to a buy rating in a research note to investors on Tuesday, August 27th. They now have a GBX 830 ($13.18) price target on the stock, up previously from GBX 740 ($11.75).
Six research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. UBM currently has an average rating of Buy and an average target price of GBX 814.23 ($12.93).
UBM plc is a global events-led marketing services and communications company. We help businesses do business, bringing the world’s buyers and sellers together at events and online, as well as producing and distributing news and specialist content.