Shore Capital Reiterates “Buy” Rating for UBM plc (UBM)

UBM plc (LON:UBM)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a research note issued to investors on Wednesday.

A number of other research analysts have also weighed in on the stock. Berenberg Bank reiterated a “sell” rating and issued a GBX 700 ($9.21) price objective on shares of UBM plc in a research note on Thursday, July 20th. Credit Suisse Group AG reiterated an “outperform” rating on shares of UBM plc in a research note on Friday, July 21st. Goldman Sachs Group, Inc. (The) upgraded shares of UBM plc to a “buy” rating and reduced their price objective for the company from GBX 857 ($11.27) to GBX 845 ($11.11) in a research note on Monday, July 24th. Citigroup Inc. reiterated a “buy” rating and issued a GBX 905 ($11.90) price objective on shares of UBM plc in a research note on Wednesday, July 26th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 840 ($11.05) price objective on shares of UBM plc in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. UBM plc currently has an average rating of “Hold” and a consensus target price of GBX 770.20 ($10.13).

Shares of UBM plc (LON:UBM) opened at GBX 746.50 ($9.82) on Wednesday. UBM plc has a 1-year low of GBX 639 ($8.40) and a 1-year high of GBX 777.50 ($10.23).

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About UBM plc

UBM plc is a business-to-business (B2B) event organizer. The Company’s segments include Events and Other Marketing Services. In total, the Company serves over 50 different communities. The Company operates in over 20 countries. Events segment provide face-to-face interaction in the form of exhibitions, tradeshows, conferences and other live events.

Analyst Recommendations for UBM plc (LON:UBM)

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