Barclays PLC Initiates Coverage on Ascential PLC (ASCL)
Barclays PLC started coverage on shares of Ascential PLC (LON:ASCL) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm issued an underweight rating and a GBX 330 ($4.26) target price on the stock.
Several other equities analysts also recently issued reports on the stock. Peel Hunt downgraded shares of Ascential PLC to a hold rating in a report on Monday, September 4th. Citigroup Inc. lifted their price target on shares of Ascential PLC from GBX 375 ($4.84) to GBX 410 ($5.30) and gave the company a buy rating in a report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reissued a buy rating and set a GBX 398 ($5.14) price target on shares of Ascential PLC in a report on Tuesday, July 25th. Numis Securities Ltd lifted their price target on shares of Ascential PLC from GBX 375 ($4.84) to GBX 405 ($5.23) and gave the company a buy rating in a report on Tuesday, July 25th. Finally, Deutsche Bank AG reissued a hold rating and set a GBX 350 ($4.52) price target on shares of Ascential PLC in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Ascential PLC currently has a consensus rating of Buy and an average price target of GBX 362.25 ($4.68).
Ascential PLC (LON:ASCL) opened at 368.20 on Tuesday. The firm has a 50-day moving average of GBX 366.89 and a 200 day moving average of GBX 339.28. The company’s market cap is GBX 1.47 billion. Ascential PLC has a 52-week low of GBX 255.00 and a 52-week high of GBX 392.00.
The business also recently disclosed a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be given a GBX 1.80 ($0.02) dividend. This represents a yield of 0.51%. The ex-dividend date is Thursday, August 31st.
Ascential PLC Company Profile
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.
Receive News & Ratings for Ascential PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascential PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.