GlobalData (LON:DATA) Trading 0.9% Higher – What’s Next?

GlobalData Plc (LON:DATA)’s stock price was up 0.9% on Monday . The stock traded as high as GBX 112 and last traded at GBX 110. Approximately 328,334 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 2,243,110 shares. The stock had previously closed at GBX 109.

Analysts Set New Price Targets

A number of research firms have commented on DATA. Shore Capital restated a “buy” rating on shares of GlobalData in a report on Thursday, October 30th. Berenberg Bank cut their price objective on shares of GlobalData from GBX 260 to GBX 170 and set a “buy” rating on the stock in a research report on Friday, November 28th. Peel Hunt reiterated a “buy” rating and issued a GBX 245 price target on shares of GlobalData in a report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a research note on Monday, October 20th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 195.

GlobalData Stock Performance

The firm has a market cap of £784.62 million, a P/E ratio of 55.00, a PEG ratio of 1.52 and a beta of 0.58. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16. The company’s 50-day moving average is GBX 108.70 and its two-hundred day moving average is GBX 127.31.

Insider Buying and Selling at GlobalData

In related news, insider Graham Lilley bought 23,961 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average price of GBX 125 per share, with a total value of £29,951.25. 64.45% of the stock is owned by corporate insiders.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development. This model governs everything we do, from how we develop and manage our products, to our approach to sales and customer success, and supporting business operations.