GlobalData Plc (LON:DATA – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 65.24 and traded as high as GBX 66.15. GlobalData shares last traded at GBX 65.40, with a volume of 15,692,030 shares changing hands.
Analysts Set New Price Targets
DATA has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft cut GlobalData to a “buy” rating and increased their price target for the company from GBX 98 to GBX 170 in a research note on Tuesday, September 15th. JPMorgan Chase & Co. lowered their target price on GlobalData from GBX 110 to GBX 90 and set a “neutral” rating for the company in a report on Tuesday, September 15th. Finally, Berenberg Bank reduced their price objective on shares of GlobalData from GBX 105 to GBX 90 and set a “buy” rating for the company in a research note on Tuesday, September 15th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, GlobalData currently has an average rating of “Moderate Buy” and an average target price of GBX 116.67.
Get Our Latest Analysis on DATA
GlobalData Stock Performance
The company has a current ratio of 0.85, a quick ratio of 0.61 and a debt-to-equity ratio of 71.69. The business’s 50 day moving average is GBX 64.45 and its two-hundred day moving average is GBX 81.86. The company has a market cap of £419.04 million, a PE ratio of 13.33, a PEG ratio of 1.52 and a beta of 0.72.
GlobalData (LON:DATA – Get Free Report) last released its quarterly earnings results on Monday, September 14th. The company reported GBX 2.70 earnings per share for the quarter. GlobalData had a return on equity of 12.09% and a net margin of 10.84%. On average, equities research analysts anticipate that GlobalData Plc will post 9.67 EPS for the current year.
Insider Transactions at GlobalData
In related news, insider Michael Danson sold 20,117,282 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of GBX 85, for a total value of £17,099,689.70. 67.15% of the stock is currently owned by insiders.
GlobalData Company Profile
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.
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