Shares of Ascential plc (LON:ASCL – Get Rating) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 453.33 ($5.55).
ASCL has been the topic of a number of research analyst reports. Berenberg Bank lowered their price objective on shares of Ascential from GBX 500 ($6.12) to GBX 450 ($5.51) and set a “buy” rating on the stock in a research note on Monday, March 14th. Shore Capital reiterated a “buy” rating on shares of Ascential in a research note on Wednesday, June 1st. Barclays raised their price objective on shares of Ascential from GBX 254 ($3.11) to GBX 430 ($5.27) and gave the company an “overweight” rating in a research note on Monday, June 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 440 ($5.39) price objective on shares of Ascential in a research note on Thursday, March 3rd.
In other Ascential news, insider Mandy Gradden sold 6,216 shares of Ascential stock in a transaction that occurred on Monday, April 4th. The shares were sold at an average price of GBX 335 ($4.10), for a total value of £20,823.60 ($25,506.61).
LON ASCL opened at GBX 273.20 ($3.35) on Monday. Ascential has a 12 month low of GBX 250 ($3.06) and a 12 month high of GBX 456.80 ($5.60). The company has a debt-to-equity ratio of 22.75, a current ratio of 0.98 and a quick ratio of 0.95. The firm has a market capitalization of £1.20 billion and a PE ratio of 5.11. The company’s 50 day simple moving average is GBX 300.52 and its 200 day simple moving average is GBX 336.84.
Ascential Company Profile (Get Rating)
Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Digital Commerce, Product Design, Marketing, and Retail & Financial Services.