Ascential (ASCL) Rating Reiterated by Peel Hunt
Ascential (LON:ASCL)‘s stock had its “add” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Monday. They presently have a GBX 360 ($4.85) price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 2.25% from the stock’s current price.
Several other research analysts have also recently weighed in on ASCL. reaffirmed a “buy” rating and set a GBX 405 ($5.45) target price on shares of Ascential in a research note on Tuesday, November 14th. Numis Securities reaffirmed a “buy” rating and set a GBX 405 ($5.45) target price on shares of Ascential in a research note on Tuesday, November 14th. Shore Capital reaffirmed a “buy” rating on shares of Ascential in a research note on Friday, October 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 400 ($5.38) target price on shares of Ascential in a research note on Thursday, October 12th. Finally, Barclays assumed coverage on Ascential in a research report on Tuesday, September 12th. They issued an “underweight” rating and a GBX 330 ($4.44) price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Ascential currently has a consensus rating of “Buy” and an average target price of GBX 370 ($4.98).
Ascential (ASCL) opened at GBX 352.08 ($4.74) on Monday. Ascential has a 52 week low of GBX 255.20 ($3.43) and a 52 week high of GBX 392 ($5.28).
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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