GlobalData (LON:DATA) Given Buy Rating at Shore Capital

Shore Capital restated their buy rating on shares of GlobalData (LON:DATA) in a research report report published on Thursday morning, MarketBeat reports.

DATA has been the subject of several other research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 260 price objective on shares of GlobalData in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a research note on Monday, October 20th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 245 price objective on shares of GlobalData in a research note on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 225.

GlobalData Stock Performance

Shares of DATA stock opened at GBX 108.75 on Thursday. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. GlobalData has a fifty-two week low of GBX 107 and a fifty-two week high of GBX 217. The stock’s 50-day moving average is GBX 129.86 and its two-hundred day moving average is GBX 146.25. The firm has a market cap of £775.91 million, a P/E ratio of 54.38, a PEG ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last issued its earnings results on Tuesday, August 5th. The company reported GBX 3 earnings per share for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. Analysts predict that GlobalData will post 9.6687774 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Graham Lilley sold 536,428 shares of GlobalData stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of GBX 143, for a total value of £767,092.04. Also, insider Michael Danson sold 20,000,000 shares of GlobalData stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total transaction of £30,000,000. Insiders have sold 20,563,734 shares of company stock worth $3,080,805,104 in the last quarter. 61.00% of the stock is currently owned by company insiders.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.