Berenberg Bank Raises GlobalData (LON:DATA) Price Target to GBX 300

GlobalData (LON:DATA) had its price objective hoisted by Berenberg Bank from GBX 295 ($3.60) to GBX 300 ($3.66) in a report published on Tuesday morning, MarketBeat reports. They currently have a buy rating on the stock.

GlobalData Stock Performance

Shares of DATA stock opened at GBX 184.50 ($2.25) on Tuesday. The firm has a market cap of £1.46 billion, a price-to-earnings ratio of 4,612.50, a PEG ratio of 1.52 and a beta of 0.58. GlobalData has a 52-week low of GBX 168.06 ($2.05) and a 52-week high of GBX 244 ($2.98). The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.15. The company’s 50 day moving average is GBX 197.09 and its 200 day moving average is GBX 205.37.

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.