JPMorgan Chase & Co. Has Lowered Expectations for GlobalData (LON:DATA) Stock Price

GlobalData (LON:DATA) had its price target lowered by research analysts at JPMorgan Chase & Co. from GBX 135 to GBX 110 in a note issued to investors on Friday,London Stock Exchange reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 46.86% from the stock’s current price.

GlobalData Price Performance

GlobalData stock opened at GBX 74.90 on Friday. The company has a market cap of £520.01 million, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 1.52 and a beta of 0.71. GlobalData has a one year low of GBX 60.60 and a one year high of GBX 154. The business has a fifty day moving average of GBX 91.38 and a two-hundred day moving average of GBX 92.40. The company has a debt-to-equity ratio of 62.52, a quick ratio of 0.61 and a current ratio of 0.90.

GlobalData declared that its Board of Directors has initiated a share buyback plan on Tuesday, June 23rd that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

About GlobalData

GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.

By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence.

Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

Strategic Priorities
GlobalData’s four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.