Ascential PLC (ASCL) Stock Rating Reaffirmed by Shore Capital
Ascential PLC (LON:ASCL)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a research report issued on Friday.
A number of other analysts have also issued reports on ASCL. Peel Hunt raised Ascential PLC to an “add” rating and lifted their price target for the stock from GBX 325 ($4.27) to GBX 360 ($4.73) in a research note on Friday. Citigroup Inc. lifted their price objective on Ascential PLC from GBX 375 ($4.93) to GBX 410 ($5.39) and gave the stock a “buy” rating in a research report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a GBX 398 ($5.23) price objective on shares of Ascential PLC in a research report on Tuesday, July 25th. Numis Securities Ltd lifted their price objective on Ascential PLC from GBX 375 ($4.93) to GBX 405 ($5.32) and gave the stock a “buy” rating in a research report on Tuesday, July 25th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 400 ($5.26) price objective on shares of Ascential PLC in a research report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Ascential PLC presently has an average rating of “Buy” and a consensus price target of GBX 366.63 ($4.82).
Ascential PLC (LON:ASCL) traded up 1.97% on Friday, reaching GBX 352.70. The company’s stock had a trading volume of 721,259 shares. The firm has a 50-day moving average of GBX 360.12 and a 200 day moving average of GBX 344.90. The company’s market capitalization is GBX 1.41 billion. Ascential PLC has a 12-month low of GBX 255.20 and a 12-month high of GBX 392.00.
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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