GlobalData’s (DATA) Buy Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of GlobalData (LON:DATA) in a report published on Thursday, MarketBeat reports.

Several other research firms also recently weighed in on DATA. Peel Hunt reissued a “buy” rating and set a GBX 245 target price on shares of GlobalData in a research report on Monday, October 20th. 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. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a research note on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 195.

GlobalData Trading Up 1.7%

Shares of LON DATA opened at GBX 120 on Thursday. GlobalData has a 1-year low of GBX 96.80 and a 1-year high of GBX 214. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The business’s 50 day moving average is GBX 110.64 and its two-hundred day moving average is GBX 124.51. The stock has a market capitalization of £854.02 million, a P/E ratio of 60.00, a PEG ratio of 1.52 and a beta of 0.58.

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.