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.

COPYRIGHT VIOLATION WARNING: This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this piece can be accessed at

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.

Analyst Recommendations for Ascential PLC (LON:ASCL)

Receive News & Stock Ratings for Ascential PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascential PLC and related stocks with our FREE daily email newsletter.