Ascential (LON:ASCL)‘s stock had its “buy” rating reiterated by Liberum Capital in a research note issued on Thursday, Digital Look reports. They presently have a GBX 410 ($5.36) price objective on the stock. Liberum Capital’s target price points to a potential upside of 17.78% from the stock’s current price.
Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft upped their price target on Ascential from GBX 390 ($5.10) to GBX 440 ($5.75) and gave the company a “buy” rating in a research report on Monday, March 1st. Citigroup reiterated a “neutral” rating and issued a GBX 380 ($4.96) price objective on shares of Ascential in a research note on Monday, January 18th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 340.88 ($4.45).
LON:ASCL traded down GBX 2.30 ($0.03) during trading hours on Thursday, hitting GBX 348.10 ($4.55). 496,258 shares of the stock traded hands, compared to its average volume of 764,537. The firm has a 50 day moving average price of GBX 360.66 and a 200 day moving average price of GBX 345.19. The firm has a market cap of £1.40 billion and a price-to-earnings ratio of -10.24. Ascential has a fifty-two week low of GBX 194.80 ($2.55) and a fifty-two week high of GBX 408.80 ($5.34). The company has a current ratio of 0.86, a quick ratio of 0.74 and a debt-to-equity ratio of 87.32.
In other news, insider Suzanne Claire Baxter bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 15th. The stock was acquired at an average price of GBX 365 ($4.77) per share, for a total transaction of £18,250 ($23,843.74).
Ascential plc provides business-to-business information services in the United Kingdom, rest of Europe, the United States, Canada, the Asia-Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Product Design, Marketing, Sales, and Built Environment and Policy.
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