UBM Plc’s (UBM) “Buy” Rating Reiterated at Citigroup Inc

Citigroup Inc reaffirmed their buy rating on shares of UBM Plc (LON:UBM) in a report published on Friday, May 5th. The brokerage currently has a GBX 905 ($11.68) target price on the stock.

Several other analysts have also commented on the company. Shore Capital reaffirmed a buy rating on shares of UBM Plc in a report on Wednesday, April 19th. Liberum Capital raised their target price on UBM Plc from GBX 800 ($10.33) to GBX 840 ($10.84) and gave the stock a buy rating in a report on Tuesday, April 4th. Kepler Capital Markets reaffirmed a hold rating and set a GBX 750 ($9.68) target price on shares of UBM Plc in a report on Tuesday, March 14th. Canaccord Genuity raised their target price on UBM Plc from GBX 750 ($9.68) to GBX 790 ($10.20) and gave the stock a hold rating in a report on Friday, February 24th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 755 ($9.75) price objective on shares of UBM Plc in a report on Thursday, February 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company’s stock. UBM Plc has a consensus rating of Hold and a consensus price target of GBX 764.06 ($9.86).

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The company also recently disclosed a dividend, which will be paid on Thursday, May 25th. Stockholders of record on Thursday, April 27th will be paid a GBX 16.60 ($0.21) dividend. The ex-dividend date is Thursday, April 27th. This is a boost from UBM Plc’s previous dividend of $5.40. This represents a dividend yield of 2.19%.

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.

12 Month Chart for LON:UBM

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