Ascential’s (ASCL) Hold Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their hold rating on shares of Ascential (LON:ASCL) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research firms also recently weighed in on ASCL. Goldman Sachs Group cut their price target on Ascential from GBX 568 ($7.47) to GBX 541 ($7.12) and set a conviction-buy rating for the company in a report on Monday, January 20th. Shore Capital restated a buy rating on shares of Ascential in a research report on Monday. HSBC reaffirmed a buy rating and set a GBX 460 ($6.05) price objective on shares of Ascential in a research note on Monday, January 13th. Peel Hunt reiterated a buy rating and set a GBX 440 ($5.79) price objective (down previously from GBX 460 ($6.05)) on shares of Ascential in a research report on Monday. Finally, Barclays lifted their price objective on Ascential from GBX 365 ($4.80) to GBX 410 ($5.39) and gave the stock an equal weight rating in a research report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 454.60 ($5.98).

Shares of LON:ASCL opened at GBX 337.80 ($4.44) on Monday. The business’s fifty day moving average price is GBX 384.44 and its two-hundred day moving average price is GBX 368.34. The stock has a market cap of $1.39 billion and a PE ratio of 177.79. The company has a debt-to-equity ratio of 58.15, a quick ratio of 0.97 and a current ratio of 0.98. Ascential has a one year low of GBX 317.76 ($4.18) and a one year high of GBX 426.40 ($5.61).

The company also recently announced a dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 14th will be given a dividend of GBX 4 ($0.05) per share. The ex-dividend date is Thursday, May 14th. This represents a yield of 1.09%. This is a positive change from Ascential’s previous dividend of $1.80. Ascential’s dividend payout ratio (DPR) is 3.16%.

In other news, insider Duncan Painter bought 8,823 shares of the stock in a transaction on Wednesday, February 26th. The stock was purchased at an average cost of GBX 204 ($2.68) per share, with a total value of £17,998.92 ($23,676.56).

About Ascential

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.

Read More: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for Ascential (LON:ASCL)

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