Ascential PLC (LON:ASCL) shares reached a new 52-week high during trading on Monday . The stock traded as high as GBX 422.60 ($5.97) and last traded at GBX 420.20 ($5.94), with a volume of 364487 shares trading hands. The stock had previously closed at GBX 420.20 ($5.94).
Several research analysts recently commented on ASCL shares. Barclays raised Ascential to an “equal weight” rating and set a GBX 395 ($5.58) price objective for the company in a research note on Tuesday, February 27th. Shore Capital reissued a “buy” rating on shares of Ascential in a research note on Monday, February 26th. Numis Securities increased their price objective on Ascential from GBX 405 ($5.72) to GBX 455 ($6.43) and gave the company a “buy” rating in a research note on Monday, February 26th. Peel Hunt reissued a “hold” rating and issued a GBX 375 ($5.30) price objective on shares of Ascential in a research note on Monday, February 26th. Finally, Citigroup reissued a “buy” rating and issued a GBX 435 ($6.15) price objective on shares of Ascential in a research note on Tuesday, February 27th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 420.56 ($5.94).
The business also recently announced a dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 17th will be paid a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, May 17th. This is an increase from Ascential’s previous dividend of $1.80. This represents a dividend yield of 0.95%.
Ascential Company Profile
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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