Peel Hunt Reaffirms “Buy” Rating for Ascential (ASCL)

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Peel Hunt reiterated their buy rating on shares of Ascential (LON:ASCL) in a research note published on Tuesday.

A number of other analysts also recently issued reports on the stock. Goldman Sachs Group dropped their price target on shares of Ascential from GBX 540 ($7.06) to GBX 529 ($6.91) and set a buy rating on the stock in a report on Wednesday, December 5th. Shore Capital reaffirmed a buy rating on shares of Ascential in a report on Thursday, November 1st. Berenberg Bank raised shares of Ascential to a buy rating and raised their price target for the company from GBX 400 ($5.23) to GBX 470 ($6.14) in a report on Thursday, January 3rd. Finally, Barclays reaffirmed an equal weight rating and set a GBX 370 ($4.83) price target on shares of Ascential in a report on Thursday, December 6th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 474.63 ($6.20).

Shares of ASCL stock opened at GBX 405 ($5.29) on Tuesday. Ascential has a one year low of GBX 303.70 ($3.97) and a one year high of GBX 421 ($5.50).

Ascential Company Profile

Ascential plc provides events and advisory services in the United Kingdom and internationally. The company's Exhibitions & Festivals segment organizes exhibitions, congresses, and festivals. Its Information Services segment provides intelligence, analysis, and forecasting tools; live events and awards; and subscription content, such as real-time online resources, as well as advisory services to the various industries, including fashion, retail, property, construction, and politics, as well as for media platforms.

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Analyst Recommendations for Ascential (LON:ASCL)

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