Ascential PLC (ASCL) Receives “Buy” Rating from Numis Securities Ltd
A number of other equities analysts have also recently issued reports on the company. Deutsche Bank AG reiterated a buy rating and set a GBX 290 ($3.60) target price on shares of Ascential PLC in a report on Tuesday, September 6th. Goldman Sachs Group Inc. increased their target price on Ascential PLC from GBX 278 ($3.45) to GBX 292 ($3.62) and gave the stock a buy rating in a report on Monday, August 8th. Peel Hunt reiterated a buy rating and set a GBX 280 ($3.47) target price on shares of Ascential PLC in a report on Monday, August 1st. Finally, BNP Paribas increased their target price on Ascential PLC from GBX 235 ($2.92) to GBX 250 ($3.10) and gave the stock a neutral rating in a report on Tuesday, August 2nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 302.40 ($3.75).
Ascential PLC (LON:ASCL) opened at 275.40 on Tuesday. The company’s 50-day moving average price is GBX 285.96 and its 200 day moving average price is GBX 262.09. Ascential PLC has a 52 week low of GBX 199.00 and a 52 week high of GBX 310.50. The company’s market capitalization is GBX 602.58 million.
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About Ascential PLC
Ascential plc is a United Kingdom-based business-to-business media company with a focus on essential products that connect and inform business professionals. The Company operates through two segments: Exhibitions & Festival, and Information Services. Its Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact, with key products, including Cannes Lions, Spring/Autumn Fair, Money20/20 and Bett.
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