Ascential (LON:ASCL) had its target price lowered by stock analysts at Barclays from GBX 410 ($5.36) to GBX 365 ($4.77) in a report released on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price would suggest a potential upside of 9.61% from the company’s current price.
ASCL has been the topic of a number of other research reports. Liberum Capital restated a “hold” rating on shares of Ascential in a research note on Friday, October 25th. Goldman Sachs Group raised their target price on shares of Ascential from GBX 510 ($6.66) to GBX 568 ($7.42) and gave the stock a “conviction-buy” rating in a research note on Monday, October 28th. Peel Hunt restated a “buy” rating on shares of Ascential in a research note on Friday, October 25th. Deutsche Bank raised their target price on shares of Ascential from GBX 430 ($5.62) to GBX 440 ($5.75) and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Finally, Shore Capital restated a “buy” rating on shares of Ascential in a research note on Friday, October 25th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 462.30 ($6.04).
Shares of LON:ASCL opened at GBX 333 ($4.35) on Tuesday. The firm’s 50 day moving average price is GBX 363.22 and its 200-day moving average price is GBX 369.53. Ascential has a twelve month low of GBX 331.20 ($4.33) and a twelve month high of GBX 418 ($5.46). The company has a quick ratio of 1.23, a current ratio of 1.25 and a debt-to-equity ratio of 57.98. The stock has a market capitalization of $1.34 billion and a PE ratio of 6.61.
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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