GlobalData (LON:DATA – Get Free Report) had its price target reduced by analysts at JPMorgan Chase & Co. from GBX 135 to GBX 110 in a research report issued on Friday,London Stock Exchange reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 46.86% from the stock’s current price.
GlobalData Stock Down 0.3%
DATA stock opened at GBX 74.90 on Friday. The stock has a market capitalization of £520.01 million, a PE ratio of 17.02, a price-to-earnings-growth ratio of 1.52 and a beta of 0.71. The company has a fifty day moving average of GBX 91.38 and a 200-day moving average of GBX 92.40. The company has a debt-to-equity ratio of 62.52, a quick ratio of 0.61 and a current ratio of 0.90. GlobalData has a one year low of GBX 60.60 and a one year high of GBX 154.
GlobalData announced that its Board of Directors has approved a share buyback plan on Tuesday, June 23rd that permits the company to repurchase 0 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
GlobalData Company Profile
GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.
By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence.
Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.
Strategic Priorities
GlobalData’s four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.
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