Ascential PLC (ASCL) Earns Buy Rating from Shore Capital

Ascential PLC (LON:ASCL)‘s stock had its “buy” rating restated by equities researchers at Shore Capital in a note issued to investors on Wednesday, April 19th.

Other equities research analysts also recently issued research reports about the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 290 ($3.74) price objective on shares of Ascential PLC in a research report on Friday, January 6th. Goldman Sachs Group Inc upgraded Ascential PLC to a “conviction-buy” rating and boosted their price target for the stock from GBX 308 ($3.98) to GBX 356 ($4.60) in a research note on Friday, January 13th. Deutsche Bank AG reissued a “buy” rating on shares of Ascential PLC in a report on Friday, January 6th. BNP Paribas reissued a “neutral” rating and issued a GBX 280 ($3.61) price objective on shares of Ascential PLC in a report on Monday, January 16th. Finally, Citigroup Inc initiated coverage on shares of Ascential PLC in a research note on Thursday, March 23rd. They set a “buy” rating and a GBX 375 ($4.84) target price on the stock. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Ascential PLC has a consensus rating of “Buy” and an average price target of GBX 354.71 ($4.58).

Analyst Recommendations for Ascential PLC (LON:ASCL)

Shares of Ascential PLC (LON:ASCL) traded up 0.71% during mid-day trading on Wednesday, reaching GBX 339.40. The company had a trading volume of 2,433,750 shares. The company’s market capitalization is GBX 1.36 billion. Ascential PLC has a 1-year low of GBX 200.30 and a 1-year high of GBX 357.90. The stock’s 50-day moving average price is GBX 330.86 and its 200 day moving average price is GBX 299.98.

The company also recently disclosed a dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 18th will be given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend is Thursday, May 18th. This is a boost from Ascential PLC’s previous dividend of $1.50. This represents a dividend yield of 1.08%.

ILLEGAL ACTIVITY NOTICE: “Ascential PLC (ASCL) Earns Buy Rating from Shore Capital” was originally reported by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at

In related news, insider Duncan Painter bought 22,593 shares of the company’s stock in a transaction on Thursday, March 2nd. The stock was acquired at an average cost of GBX 305 ($3.94) per share, for a total transaction of £68,908.65 ($88,948.82).

About Ascential PLC

Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.

12 Month Chart for LON:ASCL

Receive News & Ratings for Ascential PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascential PLC and related companies with's FREE daily email newsletter.

Leave a Reply