Ascential (LON:ASCL) had its price target lowered by Goldman Sachs Group from GBX 568 ($7.47) to GBX 541 ($7.12) in a report published on Monday, Stock Target Advisor reports. The firm currently has a conviction-buy rating on the stock.
Several other equities analysts have also weighed in on the stock. Liberum Capital restated a hold rating on shares of Ascential in a research report on Friday, October 25th. Shore Capital restated a buy rating on shares of Ascential in a research report on Monday, December 2nd. Peel Hunt restated a buy rating on shares of Ascential in a research report on Monday. HSBC restated a buy rating and set a GBX 460 ($6.05) price target on shares of Ascential in a research report on Monday, January 13th. Finally, Barclays reduced their price target on shares of Ascential from GBX 410 ($5.39) to GBX 365 ($4.80) and set an equal weight rating for the company in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 459.64 ($6.05).
ASCL opened at GBX 409 ($5.38) on Monday. The firm has a market cap of $1.65 billion and a P/E ratio of 8.12. The firm has a 50-day moving average of GBX 381.65 and a 200 day moving average of GBX 368.16. The company has a debt-to-equity ratio of 57.98, a quick ratio of 1.23 and a current ratio of 1.25. Ascential has a fifty-two week low of GBX 317.76 ($4.18) and a fifty-two week high of GBX 426.40 ($5.61).
Ascential plc provides business-to-business information services for product design, marketing, sales, and built environment and policy in the United Kingdom and internationally. It offers industry-specific business intelligence, insights, and forecasting through data and digital subscription tools. The company was formerly known as Trident Floatco PLC and changed its name to Ascential plc in January 2016.
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