Ascential’s (ASCL) “Overweight” Rating Reiterated at Barclays

Barclays restated their overweight rating on shares of Ascential (LON:ASCLGet Rating) in a research report report published on Tuesday, MarketBeat reports. The brokerage currently has a GBX 390 ($4.78) price objective on the stock.

A number of other equities research analysts have also recently issued reports on ASCL. Berenberg Bank cut shares of Ascential to a hold rating and cut their price objective for the company from GBX 450 ($5.51) to GBX 290 ($3.55) in a research note on Wednesday. Shore Capital reaffirmed a buy rating on shares of Ascential in a research note on Monday, August 1st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ascential from GBX 440 ($5.39) to GBX 360 ($4.41) and set a buy rating for the company in a research note on Thursday, June 30th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average target price of GBX 377.50 ($4.63).

Ascential Stock Performance

Ascential stock opened at GBX 240 ($2.94) on Tuesday. The firm’s 50 day simple moving average is GBX 281.52 and its 200 day simple moving average is GBX 312.11. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 22.75. The firm has a market capitalization of £1.06 billion and a PE ratio of 4.49. Ascential has a 1-year low of GBX 220.80 ($2.71) and a 1-year high of GBX 449.60 ($5.51).

About Ascential

(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.

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Analyst Recommendations for Ascential (LON:ASCL)

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