Ascential PLC (ASCL) Lifted to “Add” at Peel Hunt
Ascential PLC (LON:ASCL) was upgraded by equities research analysts at Peel Hunt to an “add” rating in a note issued to investors on Friday. The firm presently has a GBX 360 ($4.73) price objective on the stock, up from their prior price objective of GBX 325 ($4.27). Peel Hunt’s price target indicates a potential upside of 4.08% from the company’s current price.
Several other research firms have also weighed in on ASCL. Shore Capital reaffirmed a “buy” rating on shares of Ascential PLC in a research report on Wednesday, July 19th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 375 ($4.93) price target on shares of Ascential PLC in a research report on Tuesday, July 4th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 375 ($4.93) price target on shares of Ascential PLC in a research report on Monday, July 3rd. Deutsche Bank AG lowered Ascential PLC to a “hold” rating and boosted their price target for the stock from GBX 330 ($4.34) to GBX 350 ($4.60) in a research report on Thursday, June 15th. Finally, BNP Paribas raised Ascential PLC to an “outperform” rating in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. Ascential PLC has a consensus rating of “Buy” and a consensus price target of GBX 366.63 ($4.82).
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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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