Ascential PLC (LON:ASCL) was upgraded by analysts at BNP Paribas to an “outperform” rating in a note issued to investors on Tuesday.
A number of other research firms have also weighed in on ASCL. Citigroup Inc. began coverage on shares of Ascential PLC in a research note on Thursday, March 23rd. They set a “buy” rating and a GBX 375 ($4.90) price objective for the company. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 398 ($5.20) price target on shares of Ascential PLC in a research note on Thursday, May 4th. Shore Capital reiterated a “buy” rating on shares of Ascential PLC in a research note on Wednesday, April 19th. Deutsche Bank AG lowered shares of Ascential PLC to a “hold” rating and lifted their price target for the stock from GBX 330 ($4.31) to GBX 350 ($4.57) in a research note on Thursday, June 15th. Finally, Peel Hunt upgraded shares of Ascential PLC to an “add” rating and set a GBX 325 ($4.24) price target for the company in a research note on Friday, June 23rd. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 357.57 ($4.67).
Shares of Ascential PLC (LON:ASCL) opened at 339.40 on Tuesday. The stock’s 50 day moving average is GBX 341.04 and its 200 day moving average is GBX 312.76. Ascential PLC has a 52-week low of GBX 236.80 and a 52-week high of GBX 363.70. The company’s market capitalization is GBX 1.36 billion.
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In other Ascential PLC news, insider Paul Harrison acquired 2,820 shares of the company’s stock in a transaction that occurred on Thursday, June 8th. The shares were bought at an average price of GBX 351 ($4.58) per share, with a total value of £9,898.20 ($12,925.31).
About Ascential PLC
Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.
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