Peel Hunt Reiterates “Buy” Rating for UBM (UBM)

Peel Hunt reissued their buy rating on shares of UBM (LON:UBM) in a research note published on Monday, December 4th. The firm currently has a GBX 760 ($10.23) price target on the stock.

UBM has been the subject of a number of other research reports. Shore Capital reaffirmed a buy rating on shares of UBM in a research note on Wednesday, November 15th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 838 ($11.28) price objective on shares of UBM in a research note on Wednesday, November 15th. Liberum Capital reaffirmed a buy rating and issued a GBX 840 ($11.31) price objective on shares of UBM in a research note on Tuesday, November 14th. Barclays raised UBM to an overweight rating and upped their price objective for the stock from GBX 745 ($10.03) to GBX 755 ($10.16) in a research note on Thursday, September 28th. Finally, Citigroup reaffirmed a buy rating on shares of UBM in a research note on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. UBM currently has an average rating of Hold and a consensus target price of GBX 776.27 ($10.45).

Shares of UBM (UBM) traded up GBX 0.50 ($0.01) during mid-day trading on Monday, hitting GBX 745.50 ($10.03). 749,005 shares of the stock were exchanged, compared to its average volume of 883,543. UBM has a 52 week low of GBX 639 ($8.60) and a 52 week high of GBX 777.50 ($10.46).

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UBM Company Profile

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 (LON:UBM)

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