Ascential (LON:ASCL)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts also recently issued reports on the company. Numis Securities reiterated a “buy” rating and issued a GBX 3,600 ($47.04) price objective on shares of in a report on Friday, June 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 60 ($0.78) price objective on shares of Renewi in a report on Wednesday, July 3rd. Shore Capital reiterated a “buy” rating on shares of Ascential in a report on Friday, June 14th. Goldman Sachs Group reiterated a “buy” rating on shares of WPP in a report on Monday, June 3rd. Finally, Barclays downgraded to an “underweight” rating and set a GBX 4,400 ($57.49) price objective on the stock. in a report on Tuesday, June 18th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Ascential has an average rating of “Buy” and an average price target of GBX 471.88 ($6.17).
ASCL stock opened at GBX 375.60 ($4.91) on Friday. The company has a debt-to-equity ratio of 53.37, a current ratio of 1.41 and a quick ratio of 1.33. The stock has a market cap of $1.51 billion and a P/E ratio of 7.29. Ascential has a 12-month low of GBX 335.60 ($4.39) and a 12-month high of GBX 469 ($6.13). The company has a fifty day moving average price of GBX 369.56.
Ascential plc provides business-to-business information services for product design, marketing, sales, and built environment and policy in the United Kingdom and internationally. It offers industry-specific business intelligence, insights, and forecasting through data and digital subscription tools. The company was formerly known as Trident Floatco PLC and changed its name to Ascential plc in January 2016.
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