JPMorgan Chase & Co. Cuts GlobalData (LON:DATA) Price Target to GBX 110

GlobalData (LON:DATA) had its price objective decreased by JPMorgan Chase & Co. from GBX 135 to GBX 110 in a report published on Friday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

GlobalData Stock Performance

DATA opened at GBX 74 on Friday. GlobalData has a one year low of GBX 60.60 and a one year high of GBX 154. The stock has a market capitalization of £513.76 million, a PE ratio of 16.82, a P/E/G ratio of 1.52 and a beta of 0.71. The business’s 50 day moving average price is GBX 90.75 and its 200 day moving average price is GBX 92.15. 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 announced that its board has approved a share buyback plan on Tuesday, June 23rd that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

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.