UBM Plc (LON:UBM) has earned an average recommendation of “Hold” from the thirteen analysts that are currently covering the stock, Marketbeat reports. Eight research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 864.70 ($11.95).
A number of equities analysts have commented on the stock. Kepler Capital Markets reissued a “hold” rating and issued a GBX 750 ($10.36) price objective on shares of UBM in a research note on Monday, November 20th. Deutsche Bank reissued a “hold” rating on shares of UBM in a research note on Wednesday, January 17th. Liberum Capital reissued a “hold” rating and issued a GBX 760 ($10.50) price objective on shares of UBM in a research note on Tuesday, January 16th. Shore Capital reissued a “buy” rating on shares of UBM in a research note on Wednesday, January 17th. Finally, Societe Generale reissued a “hold” rating and issued a GBX 775 ($10.71) price objective on shares of UBM in a research note on Friday, January 26th.
UBM (LON:UBM) opened at GBX 930 ($12.85) on Friday. UBM has a 52 week low of GBX 639 ($8.83) and a 52 week high of GBX 939.50 ($12.98). The company has a market cap of $3,670.00 and a price-to-earnings ratio of 2,657.14.
The company also recently announced a dividend, which will be paid on Thursday, May 24th. Stockholders of record on Thursday, April 19th will be issued a GBX 18 ($0.25) dividend. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, April 19th. This is a positive change from UBM’s previous dividend of $5.50.
In other news, insider Terry Neil bought 585 shares of the stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of GBX 919 ($12.70) per share, for a total transaction of £5,376.15 ($7,427.67). Also, insider Tim Cobbold sold 117,272 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of GBX 930 ($12.85), for a total transaction of £1,090,629.60 ($1,506,810.72). Insiders bought a total of 642 shares of company stock valued at $583,370 in the last 90 days.
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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.
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