Citigroup Inc. Raises Ascential PLC (LON:ASCL) Price Target to GBX 410
Ascential PLC (LON:ASCL) had its target price raised by Citigroup Inc. from GBX 375 ($4.89) to GBX 410 ($5.34) in a research report report published on Thursday. Citigroup Inc. currently has a buy rating on the stock.
ASCL has been the subject of a number of other research reports. Peel Hunt restated a hold rating and issued a GBX 325 ($4.23) price target on shares of Ascential PLC in a report on Friday, June 9th. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 350 ($4.56) target price on shares of Ascential PLC in a research report on Thursday, June 22nd. Berenberg Bank reaffirmed a buy rating and issued a GBX 400 ($5.21) target price on shares of Ascential PLC in a research report on Tuesday, June 27th. Shore Capital reaffirmed a buy rating on shares of Ascential PLC in a research report on Friday, May 26th. Finally, Numis Securities Ltd upped their target price on Ascential PLC from GBX 375 ($4.89) to GBX 405 ($5.28) and gave the company a buy rating in a research report on Tuesday, July 25th. Two equities research analysts have rated the stock with 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 target price of GBX 366.86 ($4.78).
Shares of Ascential PLC (ASCL) opened at 358.80 on Thursday. The firm’s market cap is GBX 1.44 billion. The firm’s 50-day moving average is GBX 334.24 and its 200-day moving average is GBX 322.31. Ascential PLC has a 12-month low of GBX 236.80 and a 12-month high of GBX 363.70.
The firm also recently announced 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 dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, August 31st.
In other Ascential PLC news, insider Paul Harrison bought 2,820 shares of the business’s stock in a transaction on Thursday, June 8th. The shares were bought at an average cost of GBX 351 ($4.57) per share, with a total value of £9,898.20 ($12,895.00).
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.
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