Ascential PLC (ASCL) Receives “Add” Rating from Peel Hunt
Peel Hunt reissued their add rating on shares of Ascential PLC (LON:ASCL) in a research note issued to investors on Thursday, August 3rd. They currently have a GBX 325 ($4.22) price objective on the stock.
Several other equities research analysts have also recently issued reports on ASCL. Citigroup Inc. boosted their price objective on shares of Ascential PLC from GBX 375 ($4.87) to GBX 410 ($5.32) and gave the company a buy rating in a research report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 398 ($5.17) price objective on shares of Ascential PLC in a research report on Tuesday, July 25th. Deutsche Bank AG reissued a hold rating and issued a GBX 350 ($4.54) price objective on shares of Ascential PLC in a research report on Tuesday, July 25th. Numis Securities Ltd boosted their price objective on shares of Ascential PLC from GBX 375 ($4.87) to GBX 405 ($5.26) and gave the company a buy rating in a research report on Tuesday, July 25th. Finally, Shore Capital reissued a buy rating on shares of Ascential PLC in a research report on Friday, May 26th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 366.86 ($4.76).
Shares of Ascential PLC (LON ASCL) opened at 354.30 on Thursday. The company’s market cap is GBX 1.42 billion. The firm’s 50-day moving average is GBX 341.03 and its 200-day moving average is GBX 328.10. Ascential PLC has a one year low of GBX 238.90 and a one year high of GBX 376.20.
The firm also recently declared a dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be given a GBX 1.80 ($0.02) dividend. The ex-dividend date is Thursday, August 31st. This represents a dividend yield of 0.51%.
In other Ascential PLC news, insider Paul Harrison purchased 2,820 shares of the stock in a transaction dated Thursday, June 8th. The stock was purchased at an average price of GBX 351 ($4.56) per share, with a total value of £9,898.20 ($12,849.80).
About Ascential PLC
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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