Ascential (LON:ASCL) Stock Rating Reaffirmed by Peel Hunt

Ascential (LON:ASCL)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a report issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently issued reports on ASCL. Peel Hunt reaffirmed a “buy” rating and set a GBX 350 ($4.31) price target on shares of Ascential in a report on Tuesday, June 2nd. Deutsche Bank cut their target price on Ascential from GBX 440 ($5.41) to GBX 390 ($4.80) and set a “buy” rating on the stock in a research report on Friday, July 3rd. Liberum Capital reiterated a “buy” rating on shares of Ascential in a research report on Wednesday, April 29th. Barclays lifted their target price on Ascential from GBX 265 ($3.26) to GBX 285 ($3.51) and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Finally, Berenberg Bank dropped their price target on Ascential from GBX 300 ($3.69) to GBX 240 ($2.95) and set a “hold” rating on the stock in a research report on Monday, April 6th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Ascential presently has an average rating of “Hold” and a consensus price target of GBX 309.63 ($3.81).

LON:ASCL opened at GBX 281.20 ($3.46) on Monday. The firm has a market cap of $1.13 billion and a PE ratio of 143.16. The stock has a fifty day moving average price of GBX 294.42 and a 200 day moving average price of GBX 298.38. Ascential has a 12-month low of GBX 2.80 ($0.03) and a 12-month high of GBX 426.40 ($5.25). The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 58.15.

In other news, insider Duncan Painter purchased 42,951 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of GBX 231 ($2.84) per share, with a total value of £99,216.81 ($122,097.97).

Ascential Company Profile

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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Analyst Recommendations for Ascential (LON:ASCL)

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