UBM Plc (LON:UBM) Stock “Overweight” Rating Maintained at JP Morgan Cazenove; The Price Objective Given is GBX 838.00; Brown & Brown, Inc. (BRO) Covered By 0 Bullish Analysts Last Week

November 15, 2017 - By Peter Erickson

UBM Plc (LON:UBM) had its stock rating noted as “Overweight” by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 838.00 TP on the 2.93B GBP market cap company or 12.79% upside potential. This was revealed to investors in analysts report on Wednesday, 15 November.

Among 14 analysts covering Brown & Brown (NYSE:BRO), 0 have Buy rating, 3 Sell and 11 Hold. Therefore 0 are positive. Brown & Brown had 41 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Hold” rating by SunTrust on Friday, October 13. The firm earned “Hold” rating on Friday, October 6 by Keefe Bruyette & Woods. BMO Capital Markets downgraded it to “Underperform” rating and $37 target in Friday, November 4 report. The firm has “Neutral” rating given on Tuesday, February 16 by Citigroup. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, July 20 report. Wells Fargo maintained Brown & Brown, Inc. (NYSE:BRO) on Monday, July 17 with “Hold” rating. Zacks upgraded Brown & Brown, Inc. (NYSE:BRO) on Monday, September 7 to “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, August 17. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, June 2 report. As per Wednesday, October 18, the company rating was maintained by Morgan Stanley. See Brown & Brown, Inc. (NYSE:BRO) latest ratings:

08/11/2017 Broker: Citigroup Old Rating: Neutral New Rating: Sell Old Target: $46 Downgrade
17/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $48.0 Maintain
18/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $40 New Target: $43 Maintain
16/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $39 New Target: $43 Maintain
13/10/2017 Broker: SunTrust Rating: Hold New Target: $52.0 Maintain
06/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $43.0 Maintain
25/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $44.0 Maintain
21/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $44.0 Maintain
17/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $43.0 Maintain
15/08/2017 Broker: Wells Fargo Rating: Hold Maintain

Among 23 analysts covering UBM Plc (LON:UBM), 12 have Buy rating, 2 Sell and 9 Hold. Therefore 52% are positive. UBM Plc has GBX 905 highest and GBX 470 lowest target. GBX 731.81’s average target is -1.51% below currents GBX 743 stock price. UBM Plc had 192 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Hold” rating by Numis Securities on Friday, November 6. The stock has “Buy” rating by Liberum Capital on Friday, July 31. JP Morgan maintained the stock with “Neutral” rating in Monday, July 31 report. Kepler Cheuvreux maintained the shares of UBM in report on Thursday, September 24 with “Reduce” rating. The rating was maintained by Peel Hunt with “Buy” on Tuesday, November 14. Barclays Capital maintained UBM Plc (LON:UBM) rating on Wednesday, December 14. Barclays Capital has “Equal Weight” rating and GBX 770 target. Panmure Gordon maintained it with “Hold” rating and GBX 700 target in Wednesday, February 22 report. The firm has “Neutral” rating by JP Morgan given on Thursday, May 18. The firm has “Buy” rating by AlphaValue given on Thursday, December 24. The company was maintained on Thursday, March 10 by AlphaValue.

UBM plc is a business-to-business event organizer. The company has market cap of 2.93 billion GBP. The Company’s divisions include Events and Other Marketing Services. It has a 32.76 P/E ratio. In total, the Company serves over 50 different communities.

About 195,727 shares traded. UBM Plc (LON:UBM) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1.29 in Q2 2017. Its down 0.06, from 1.35 in 2017Q1. It worsened, as 15 investors sold Brown & Brown, Inc. shares while 80 reduced holdings. 34 funds opened positions while 89 raised stakes. 100.23 million shares or 0.54% more from 99.69 million shares in 2017Q1 were reported. Oakbrook Investments Llc has 0.03% invested in Brown & Brown, Inc. (NYSE:BRO) for 9,800 shares. Btim has 198,307 shares. Price T Rowe Associates Md reported 0.03% stake. Natixis, a France-based fund reported 212,700 shares. Teton Advsr holds 0.07% or 16,284 shares in its portfolio. State Of Tennessee Treasury Department has invested 0.02% in Brown & Brown, Inc. (NYSE:BRO). State Of Wisconsin Inv Board holds 0% or 23,381 shares. Metropolitan Life Insurance Ny has 108,319 shares for 0.03% of their portfolio. Burgundy Asset Ltd, Ontario – Canada-based fund reported 1.39M shares. Clarkston Cap Prtnrs holds 2.42 million shares. California State Teachers Retirement Sys invested in 216,263 shares or 0.02% of the stock. Century Cos Inc holds 1.73 million shares or 0.08% of its portfolio. Ngam L P reported 0.08% in Brown & Brown, Inc. (NYSE:BRO). Renaissance Techs Limited Liability Company invested in 1.43M shares. Point72 Asia (Hong Kong), a Hong Kong-based fund reported 26 shares.

The stock increased 1.26% or $0.62 during the last trading session, reaching $50. About shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 19.69% since November 15, 2016 and is uptrending. It has outperformed by 2.99% the S&P500.

Brown & Brown, Inc. is a diversified insurance agency, wholesale brokerage, insurance programs and service company. The company has market cap of $6.97 billion. The Firm markets and sells insurance services and products, in the property, casualty and employee benefits areas. It has a 26.4 P/E ratio. It provides its clients with non-investment insurance contracts, as well as other customized risk management services and products.

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By1 Peter Erickson




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