Ascential (LON:ASCL) was upgraded by research analysts at Liberum Capital to a “buy” rating in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also weighed in on the company. HSBC lowered Ascential to a “hold” rating and lowered their target price for the stock from GBX 460 ($6.05) to GBX 240 ($3.16) in a research report on Thursday, March 19th. Shore Capital reaffirmed a “buy” rating on shares of Ascential in a research report on Monday, February 24th. Citigroup reaffirmed a “neutral” rating on shares of Ascential in a research report on Friday, March 6th. Goldman Sachs Group lowered their target price on Ascential from GBX 569 ($7.48) to GBX 373 ($4.91) and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Ascential in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 377.80 ($4.97).
Shares of ASCL opened at GBX 250.40 ($3.29) on Wednesday. Ascential has a 52-week low of GBX 195.70 ($2.57) and a 52-week high of GBX 426.40 ($5.61). The company has a debt-to-equity ratio of 58.15, a quick ratio of 0.97 and a current ratio of 0.98. The business’s 50 day moving average price is GBX 320.04 and its two-hundred day moving average price is GBX 355.26. The firm has a market cap of $1.03 billion and a PE ratio of 131.79.
In related news, insider Duncan Painter purchased 8,823 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average cost of GBX 204 ($2.68) per share, with a total value of £17,998.92 ($23,676.56).
Ascential plc provides business-to-business information services for product design, marketing, sales, and built environment and policy in the United Kingdom and internationally. It offers industry-specific business intelligence, insights, and forecasting through data and digital subscription tools. The company was formerly known as Trident Floatco PLC and changed its name to Ascential plc in January 2016.
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