Ascential PLC (ASCL) Receives GBX 381.33 Consensus PT from Brokerages
Shares of Ascential PLC (LON:ASCL) have earned an average rating of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 381.33 ($4.95).
ASCL has been the subject of several research analyst reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 398 ($5.17) price objective on shares of Ascential PLC in a report on Thursday, May 4th. Shore Capital restated a “buy” rating on shares of Ascential PLC in a research note on Friday, May 26th. Peel Hunt restated a “hold” rating and issued a GBX 325 ($4.22) target price on shares of Ascential PLC in a research note on Friday, June 9th. Deutsche Bank AG cut Ascential PLC to a “hold” rating and raised their target price for the company from GBX 330 ($4.28) to GBX 350 ($4.54) in a research note on Thursday, June 15th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 400 ($5.19) target price on shares of Ascential PLC in a research note on Tuesday, June 27th.
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Ascential PLC (LON:ASCL) traded up 1.20% on Tuesday, reaching GBX 370.40. 235,846 shares of the company’s stock were exchanged. The company’s market cap is GBX 1.48 billion. Ascential PLC has a 52 week low of GBX 238.90 and a 52 week high of GBX 376.20. The stock’s 50 day moving average is GBX 350.89 and its 200 day moving average is GBX 332.42.
The business also recently disclosed a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be paid a dividend of GBX 1.80 ($0.02) per share. This represents a yield of 0.51%. The ex-dividend date of this dividend is Thursday, August 31st.
In related news, insider Paul Harrison acquired 2,820 shares of the stock in a transaction on Thursday, June 8th. The stock was acquired at an average price of GBX 351 ($4.56) per share, for a total transaction of £9,898.20 ($12,849.80).
Ascential PLC 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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