Shares of Ascential PLC (LON:ASCL) have received an average recommendation of “Buy” from the ten research firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 423.13 ($5.94).
ASCL has been the subject of several recent analyst reports. Barclays upgraded shares of Ascential to an “equal weight” rating and set a GBX 395 ($5.54) price objective for the company in a report on Tuesday, February 27th. Citigroup reiterated a “buy” rating and issued a GBX 435 ($6.11) price objective on shares of Ascential in a report on Tuesday, February 27th. Peel Hunt reissued a “hold” rating and set a GBX 375 ($5.26) target price on shares of Ascential in a research note on Monday, February 26th. BNP Paribas reissued an “outperform” rating and set a GBX 440 ($6.18) target price on shares of Ascential in a research note on Friday, February 2nd. Finally, Numis Securities increased their target price on shares of Ascential from GBX 405 ($5.69) to GBX 455 ($6.39) and gave the company a “buy” rating in a research note on Monday, February 26th.
Ascential stock opened at GBX 420.20 ($5.90) on Wednesday. Ascential has a 12-month low of GBX 303.70 ($4.26) and a 12-month high of GBX 421 ($5.91).
Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.
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